tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Onity Group Faces Client Non-Renewal, Plans Restructuring

Story Highlights
  • Rithm Capital will not renew its subservicing agreements with Onity, effective January 2026.
  • Onity reported strong third-quarter 2025 results with significant growth in originations volume.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Onity Group Faces Client Non-Renewal, Plans Restructuring

Meet Your ETF AI Analyst

The latest announcement is out from Onity Group ( (ONIT) ).

On October 31, 2025, Onity Group Inc. announced that Rithm Capital Corp., one of its largest subservicing clients, will not renew its subservicing agreements, effective January 31, 2026. These agreements accounted for a significant portion of Onity’s servicing portfolio, including a large share of delinquent loans. Despite the expected restructuring obligation, Onity does not foresee a material financial impact for 2026, as it plans to replace the earnings with more profitable consumer and commercial relationships. In its third-quarter 2025 results, Onity reported a net income of $18 million and a 39% year-over-year increase in originations volume, highlighting strong performance and growth in its servicing and originations business.

The most recent analyst rating on (ONIT) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on Onity Group stock, see the ONIT Stock Forecast page.

Spark’s Take on ONIT Stock

According to Spark, TipRanks’ AI Analyst, ONIT is a Neutral.

Onity Group’s overall stock score is driven by strong earnings performance and a favorable valuation. However, financial challenges and mixed technical indicators weigh down the score. The company’s ability to navigate market volatility and improve cash flow management will be crucial for future performance.

To see Spark’s full report on ONIT stock, click here.

More about Onity Group

Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company that provides mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the U.S., offering a range of servicing and lending programs to consumers and business clients. Liberty is a major reverse mortgage lender focused on helping customers meet their personal and financial needs. The company is headquartered in West Palm Beach, Florida, with operations in the U.S., the U.S. Virgin Islands, India, and the Philippines, and has been serving customers since 1988.

Average Trading Volume: 40,722

Technical Sentiment Signal: Buy

Current Market Cap: $314.6M

See more data about ONIT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1