Finance of America agreed to acquire the home-equity conversion mortgage servicing portfolio and certain reverse-mortgage assets from PHH Mortgage.
Onity Group will sell $9.6 billion in reverse mortgage servicing rights to Finance of America and exit the reverse ...
In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare ...
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Onity Group Announces Strategic Agreement with PHH Mortgage
Onity Group ( ($ONIT) ) just unveiled an announcement. On November 17, 2025, Onity Group Inc.’s subsidiary, PHH Mortgage Corporation, announced a ...
PHH Mortgage to sell reverse mortgage assets and enter into subservicing agreement, repositioning its participation in the reverse market ...
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