About Onity Group
Onity Group is a company based in West Palm Beach (United States) founded in 1988. The company has 4,300 employees as of December 31, 2024. Onity Group offers products and services including Mortgage Servicing, Mortgage Origination, Reverse Mortgage, and Subservicing. Onity Group operates in a competitive market with competitors including Freedom Mortgage, Motilal Oswal Financial Services, Stavvy, FirstClose and Staircase, among others.
- Headquarter West Palm Beach, United States
- Employees 4300 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Onity Group Inc.
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Annual Revenue
$960.3 M (USD)-7.84as on Dec 31, 2024
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Net Profit
$33.9 M (USD)0as on Dec 31, 2024
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EBITDA
$460.1 M (USD)13.75as on Dec 31, 2024
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Latest Funding Round
$60.19 M (USD), Post-IPO
Apr 16, 2009
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Investors
Not available
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Employee Count
4300
as on Dec 31, 2024
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IPO & Listings of Onity Group
Onity Group is a publicly listed company on the NYSE with ticker symbol ONIT in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Onity Group
Onity Group offers a comprehensive portfolio of products and services, including Mortgage Servicing, Mortgage Origination, Reverse Mortgage, and Subservicing.
Manages loan servicing for homeowners and investors.
Provides loan origination for residential mortgages.
Offers reverse mortgage solutions for eligible homeowners.
Handles subservicing for mortgage portfolios.
People of Onity Group
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Software Development Team
21 people
Leadership Team
19 people
Legal and Compliance
14 people
Finance and Accounting
13 people
Senior Team
11 people
Operations Team
8 people
Human Resources and Administration
7 people
Manager Team
3 people
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Funding Insights of Onity Group
Investments & Acquisitions by Onity Group
Investment portfolio details for Onity Group
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Financial Statements - Onity Group
Detailed financials for Onity Group
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Onity Group Comparisons
Peer comparison for Onity Group
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Competitors of Onity Group
Onity Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freedom Mortgage, Motilal Oswal Financial Services, Stavvy, FirstClose and Staircase, among others.
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Mortgage services are provided for home purchases and refinancing options.
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Diversified investment and advisory services are provided to clients.
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Digital platform for real estate transactions is provided.
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Mortgage settlement solutions and home equity tools are provided.
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A comprehensive suite for mortgage loan lifecycle management is offered.
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Home loan services are provided nationwide by CrossCountry Mortgage.
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Detailed competitors of Onity Group
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Latest news on Onity Group
Complete news archive for Onity Group
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Frequently Asked Questions about Onity Group
Onity Group was founded in 1988 and raised its 1st funding round 21 years after it was founded.
Onity Group is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Glen A Messina is the current CEO of Onity Group.
As of Dec 31, 2024, the latest employee count at Onity Group is 4,300.
Annual revenue of Onity Group is $960.3M as on Dec 31, 2024.
Onity Group was founded in 1988 and is headquartered in West Palm Beach, United States. As a non-bank entity in the financial services sector, mortgage servicing and origination are conducted across the full lifecycle of loans. Solutions are delivered through primary brands PHH Mortgage and Liberty Reverse Mortgage, encompassing forward and reverse mortgage options for clients nationwide.
Onity Group's top competitors include Freedom Mortgage, Guild Mortgage and Motilal Oswal Financial Services.
Onity Group offers Mortgage Servicing, Mortgage Origination, Reverse Mortgage, and Subservicing.
Yes, Onity Group is publicly traded on NYSE under the ticker symbol ONIT.
The ticker symbol of Onity Group is ONIT on NYSE.