Onity Group Completes PHH Mortgage Rebrand, Consolidating Non-Bank Lending Identity Under Onity Mortgage Corporation
SHERIDAN, WYOMING - April 14, 2026 - Onity Group Inc. has rebranded its primary operating subsidiary PHH Mortgage as Onity Mortgage Corporation, completing a brand consolidation that aligns the subsidiary's market-facing identity with the parent company. The transition, confirmed publicly on March 24, 2026, removes the legacy PHH Mortgage designation from the firm's primary operating unit and brings the subsidiary name in line with the Onity Group Inc. corporate brand. The move is accompanied by a C-suite appointment of a former Truist Financial executive, announced in February 2026, signaling continued investment in senior leadership as the non-bank financial services group strengthens its institutional positioning.