Onity Group Inc., a financial services company, announced on March 9 that it expects to rebrand and formally change the name of its subsidiary, PHH Mortgage Corp., to Onity Mortgage Corporation, effective March 23.

 “We are excited for this next phase of our rebranding effort, further expanding and strengthening the Onity brand across the mortgage industry,” Onity Group Chair, President and CEO Glen Messina said in a release.

The company’s rebrand coincides with a series of initiatives and advancements it’s made to position its mortgage subsidiary as a customer-focused, technology-enabled company. According to its most recent earnings report, Onity delivered record originations volume and strong recapture performance in 2025, increased its total servicing portfolio year-over-year, expanded its use of artificial intelligence-enabled technologies and launched new products.

The rebrand to Onity Mortgage will use the current Onity logo and visual identity. Along with the brand launch, Onity Mortgage will introduce redesigned websites and communications programs for clients and consumers.