Onity (ONIT) Stock Analysis
NYSEFinancial ServicesFinancial - Mortgages
What Onity does
Onity Group Inc. operates as a financial services firm focused on the creation and administration of both conventional (forward) and reverse mortgage loans. Its business activities extend across the United States, the U.S. Virgin Islands, India, and the Philippines, and are structured into two core divisions: Servicing and Originations. The company provides a wide array of offerings, including the management of owned mortgage servicing rights and subservicing products. Its comprehensive loan portfolio features traditional conventional mortgages, government-backed loans, non-agency mortgages, reverse mortgages, multi-family property loans, and both residential forward and small commercial mortgage solutions. Onity actively originates and acquires conventional and government-insured residential forward and reverse mortgage loans through various avenues, such as correspondent lending partnerships, broker relationships, and direct retail channels. Services are delivered under its recognized brands, PHH Mortgage and Liberty Reverse Mortgage, primarily catering to other financial institutions. Established in 1988 and headquartered in West Palm Beach, Florida, the organization recently rebranded in June 2024, transitioning from its former identity as Ocwen Financial Corporation to its current name, Onity Group Inc.
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PortView Portfolio Insights
PortView analyzes how ONIT fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze ONIT in PortView →Frequently asked questions
- What is the ticker symbol for Onity?
- Onity trades under the ticker ONIT on NYSE.
- Which exchange is ONIT listed on?
- ONIT is listed on NYSE.
- What sector does Onity operate in?
- Onity is classified in the Financial Services sector (Financial - Mortgages industry).
- How can PortView help analyze ONIT in a portfolio?
- PortView shows ONIT's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.
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