Onity Group Inc. (ONIT) company profile
Close on Nov 13, 2026Market cap $233.68MP/E 2.0Yield –
About Onity
Mortgage Bankers & Loan Correspondents, SIC 6162
Onity Group Inc. is a financial services provider that originates and services residential forward and reverse mortgage loans, as well as small commercial mortgages, operating under the PHH Mortgage and Liberty Reverse Mortgage brands. It reports three segments: Servicing, Originations, and Corporate. The servicing business handles payment processing, escrow management, loss mitigation, and subservicing. The originations business sources loans through direct consumer lending, correspondent networks, and wholesale brokers, while also acquiring mortgage servicing rights. Onity serves individual homeowners and institutional clients, including government-sponsored enterprises, federal agencies, and mortgage loan investors.
Headquartered in West Palm Beach, Florida, the company operates offices and facilities across the United States, the United States Virgin Islands, India, and the Philippines. Onity employs roughly 4,300 people, with approximately 1,100 located in the United States and the United States Virgin Islands, and about 3,200 based in its Asian operations. Its total servicing portfolio encompasses approximately 1.4 million loans.
Summary of the business section of Onity's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Onity Group Inc.
- Founded
- 1988
- Headquarters
- West Palm Beach, FL
- Address
- 1661 Worthington Road, Suite 100 33409
- Phone
- (561) 682-8000
- Website
- onitygroup.com
- Employees
- 4,300, Dec 31, 2025
- Industry
- Mortgage Bankers & Loan Correspondents
- Incorporated in
- Florida
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, New York, NY
Stock & identifiers
- Ticker
- ONIT
- Former tickers
- OCN until May 5, 2026
- Exchange
- NYSE
- IPO date
- Sep 25, 1996
- Shares outstanding
- 8M, Aug 3, 2026
- Public float
- $280.29M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 1-for-15 reverse, Aug 14, 2020; 2-for-1, Nov 21, 1997
- SEC CIK
- 873860
- CUSIP
- 675746606
- ISIN
- US6757466064
- FIGI
- BBG000BPYHJ6
- Share class FIGI
- BBG001S6WCS1
- LEI
- 549300DDD1YQ8EIAT278
- EIN
- 65-0039856
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Glen A. Messina | President and CEO, Director | 456,313 |
| Aulene Wessel | Chief Accounting Officer | 1,844 |
| Sean Bradley O'Neil | EVP & Chief Financial Officer | 69,245 |
| James Andrew Peach | EVP & Chief Lending Officer | 1,729 |
| Dennis Zeleny | EVP & Chief Admin Officer | 36,107 |
| Scott William Anderson | EVP & Chief Servicing Officer | 54,791 |
| Joseph J. Samarias | EVP & Chief Legal Officer | 28,775 |
| Aaron D. Wade | EVP & Chief Inv. Officer | 19,874 |
| Jenna D. Evans | Chief Risk & Compliance | 7,753 |
| Richard J. Bradfield | EVP, Strategic Initiatives | 1,766 |
| Francois Grunenwald | Chief Accounting Officer | 1,177 |
| Robert S. Welborn | Director | – |
| Alan J. Bowers | Director | 42,992 |
| Claudia J. Merkle | Director | 12,249 |
| Kevin Stein | Director | 40,829 |
| Dawn C. Morris | Director | – |
| Jacques J. Busquet | Director | 51,825 |
| DeForest B. Soaries Jr. | Director | 39,606 |
| Jenne K. Britell | Director | 37,202 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $7.55M | $14.72M | $1.77M | $158 | $145 |
| FY2024 | $8.45M | $8.66M | $2.09M | $106 | $130 |
| FY2023 | $8.15M | $4.82M | $2.35M | $106 | $118 |
| FY2022 | $6.03M | $2.72M | $1.74M | $106 | $94 |
| FY2021 | $6.63M | $10.67M | $1.64M | $138 | $116 |
| FY2020 | $4.59M | $9.45M | $1.51M | $141 | $102 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Glen A. Messina President and Chief Executive Officer | $1.00M | – | $4.47M | $2.07M | $10.50K | $7.55M | -11% |
| Sean B. O’Neil Executive Vice President and Chief Financial Officer | $550.00K | $150.00K | $646.11K | $744.81K | $10.50K | $2.10M | -10% |
| Scott W. Anderson Executive Vice President and Chief Servicing Officer | $500.00K | – | $596.43K | $605.00K | $10.50K | $1.71M | -18% |
| Dennis Zeleny Executive Vice President and Chief Administrative Officer | $500.00K | – | $596.43K | $668.25K | $10.50K | $1.78M | -15% |
| Aaron D. Wade Executive Vice President, Chief Investment Officer | $480.00K | – | $372.74K | $622.21K | $10.50K | $1.49M | -20% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
Corporate history
Events identified from SEC filings
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