Onity And Rithm Agreed To Extend Current Terms Of Subservicing Agreements To February 1, 2025
Oct 18 (Reuters) - Onity Group Inc ONIT.N :
* ONITY GROUP INC - ONITY AND RITHM AGREED TO EXTEND CURRENT
TERMS
OF SUBSERVICING AGREEMENTS TO FEBRUARY 1, 2025
* ONITY GROUP INC - ONITY AND RITHM CONTINUE TO DISCUSS
EXTENDING
THEIR CURRENT SERVICING ARRANGEMENTS
* ONITY GROUP - BELIEVES THAT NON-RENEWAL OF THESE
AGREEMENTS
WOULD NOT HAVE MATERIAL ADVERSE EFFECT ON ONITY'S FINANCIAL
CONDITION
Source text for Eikon: ID:n0001493152-24-041566
Further company coverage: ONIT.N
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