arts
Onity to sell $5B reverse mortgage business to Finance of America
By Eman Elshahawy at The Real Deal
· June 2, 2026
· 1 min read
Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.1 billion in loan
Key takeaway The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.
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Category: arts ·
Published: June 2, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Onity Group will cash out of its reverse mortgage business in a deal with one of the largest providers of the product in the U.S. The West Palm Beach-based mortgage servicer received the green light from regulators to sell a portfolio of reverse mortgage servicing rights tied to $5.1 billion in loan
When was this published? This article was first published on June 2, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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