Onity continues to trade at a discount to book value despite the recent rally in the stock price. Upgrading to a strong buy. Management anticipates consistent profitability and expects to realize a ...
Onity Group Inc. (NYSE: ONIT) (“Onity”) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC (the “Issuers”), priced their previously announced offering of 9.875% Senior ...
Executives at Onity Group have managed to preserve “marginal profitability” in their reverse mortgage origination operations, despite ongoing headwinds in the market. “Higher rates for an extended ...
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