Onity Group closes reverse mortgage asset sale to Finance of America

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Onity Group Announces Closing of Transaction with Finance of America Reverse

July 1, 2026 4:15 PM EDT

Sells reverse mortgage assets and enters into subservicing agreement
Net proceeds from the transaction of $70 to $80 million

WEST PALM BEACH, Fla., July 01, 2026 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (Onity or the Company) today announced that its subsidiary, Onity... More