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Stock impact report

PHH Mortgage Launches Proprietary Non-QM Product Suite

Onity Group Inc. (ONIT) 
Company Research Source: GlobeNewswire
WEST PALM BEACH, Fla., Oct. 13, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that the Company expects to launch a new suite of proprietary non-qualified mortgage (non-QM) products known as FlexIQ on October 20. The product suite will be available through the Company’s Correspondent Lending channel for delegated and non-delegated loans. “We designed FlexIQ with our clients’ needs in mind, offering them an easier, streamlined process and a flexible product suite to meet the growing demand for non-QM products,” said Rich Bradfield, Executive Vice President and Chief Growth Officer. “We are excited to launch FlexIQ, which underscores our commitment to being a trusted partner by continuing to provide value-added products to our clients and the customers they serve.” "FlexIQ is our new proprietary product with a service-first approach that includes a Show less Read more
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