olivLaw · US equity research
Onity Group Inc. ONIT
Mortgage Bankers & Loan Correspondents · SIC 6162 · Vertical: Nondepository credit (SIC 616x)
Onity Group Inc. (ONIT) is a non-bank mortgage servicer and originator that services and originates forward and reverse loans through the PHH Mortgage and Liberty Reverse Mortgage brands. Its servicing and subservicing portfolio exceeded 328 billion dollars of UPB at the end of 2025, and in Q2 2026 the company reported total revenue of 283 million dollars while reshaping its reverse mortgage activity.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 05 Nov 2026, Onity Group Inc. (ONIT) stock was 32.22 USD (+4.95% on the day), with market capitalisation 263.3 m USD, P/E 2.3 on diluted EPS of 13.98 USD over the last 12 months, beta 0.86, 52-week range 25.24–53.35 USD. Latest reported quarter (Q3 2026): revenue of 278.1 m USD (−0.8% YoY), net income of 4.5 m USD (−75.9% YoY), diluted EPS 0.41 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 68.6
- strong (55–70)
- Bollinger (20, 2)
- 23.52 – 30.67
- above the upper band · %B 1.22 · band width 26.4%
- SMA 50 / 200
- 29.99 / 37.50
- mixed trend
- MACD (12, 26, 9)
- 0.13 / -0.75
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +16.0% | −5.9% | +22.0 pp | — |
| 3 months | −12.8% | −4.6% | −8.1 pp | — |
| 6 months | −15.9% | +0.2% | −16.1 pp | — |
| Year to date | −29.6% | +7.4% | −37.1 pp | — |
| 1 year | −18.7% | +8.2% | −26.9 pp | −48.3% |
| 3 years | +34.7% | +68.4% | −33.7 pp | −17.2% |
| 5 years | −2.9% | +56.5% | −59.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 224.8 m | 249.8 m | 246.6 m | 280.3 m | 290.0 m | 294.3 m | 282.9 m | 278.1 m |
| Depreciation & amortisation | 1.3 m | 1.2 m | 1.1 m ≈ | 1.7 m ≈ | 400.0 k | 1.1 m | 1.1 m ≈ | 2.1 m ≈ |
| Interest expense | 74.3 m | 67.0 m | 75.6 m | 82.9 m | 83.0 m | 82.7 m | 103.1 m | 115.5 m |
| Pre-tax income | -33.6 m | 9.1 m | — | — | — | — | — | — |
| Income tax | -5.6 m | -13.0 m | 1.3 m | 4.4 m | -119.5 m | 300.0 k | -3.2 m | 4.8 m |
| Net income | -28.1 m | 22.1 m | 21.5 m | 18.7 m | 127.2 m | 7.6 m | -11.9 m | 4.5 m |
| Diluted EPS | -3.37 ≈ | 2.50 | 2.40 | 2.03 | 14.36 ≈ | 0.74 | -1.53 | 0.41 |
| Operating cash flow | -218.0 m | -148.1 m | -598.8 m ≈ | 229.5 m ≈ | -230.6 m | -1.6 bn | -516.1 m ≈ | 577.6 m ≈ |
| Capex | 500.0 k | 300.0 k | 0 ≈ | 700.0 k ≈ | 1.9 m | 100.0 k | 800.0 k ≈ | 600.0 k ≈ |
| Share repurchases | — | 0 | 0 ≈ | 0 ≈ | — | 6.1 m | 5.9 m ≈ | 6.0 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 24 percentile of its own 17-quarter history (min 2.0, median 9.1, max 124.2; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1 bn | 1.1 bn | 960.9 m | 1.1 bn | 953.9 m | 1.1 bn | 976.0 m | 1.1 bn |
| Revenue YoY | −11.0% | +5.7% | −14.5% | +9.3% | −9.2% | +11.8% | −8.5% | +9.3% |
| Net income | -70.8 m | -142.1 m | -40.2 m | 18.1 m | 25.7 m | -63.7 m | 33.9 m | 189.5 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | +42.0% | −347.9% | unavailable | +459.0% |
| Diluted EPS | unavailable | -15.86 | -4.59 | 1.93 | 2.85 | -8.34 | 4.13 | 21.46 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | +47.7% | −392.6% | unavailable | +419.6% |
| net % | -6.7% | -12.7% | -4.2% | 1.7% | 2.7% | -6.0% | 3.5% | 17.8% |
| Free cash flow | 263.6 m | 150.0 m | 256.9 m | -471.7 m | 167.7 m | 8.2 m | -574.6 m | -750.9 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 180.5 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 627.9 m USD
- Total assets
- 16.2 bn USD
- Debt / equity
- unavailable
- Current ratio
- unavailable
- ROE
- 35.4%
- ROA
- 1.2%
- FCF margin
- -70.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 960.9 m | 1.1 bn | 953.9 m | 1.1 bn | 976.0 m | 1.1 bn | SEC (XBRL)· 17 Feb 2026verified |
| Depreciation & amortisation | 19.1 m | 10.3 m | 10.5 m | 7.0 m | 5.4 m | 4.4 m | SEC (XBRL)· 17 Feb 2026verified |
| Interest expense | 109.4 m | 144.0 m | 186.0 m | 273.6 m | 288.9 m | 308.6 m | SEC (XBRL)· 17 Feb 2026verified |
| Pre-tax income | -105.7 m | -4.4 m | 24.9 m | -58.1 m | 39.3 m | 62.7 m | SEC (XBRL)· 17 Feb 2026verified |
| Income tax | -65.5 m | -22.4 m | -800.0 k | 5.6 m | 5.3 m | -126.8 m | SEC (XBRL)· 17 Feb 2026verified |
| Net income | -40.2 m | 18.1 m | 25.7 m | -63.7 m | 33.9 m | 189.5 m | SEC (XBRL)· 17 Feb 2026verified |
| Diluted EPS | -4.59 | 1.93 | 2.85 | -8.34 | 4.13 | 21.46 | SEC (XBRL)· 17 Feb 2026verified |
| Weighted average diluted shares | 8.7 m | 9.4 m | 9.0 m | 7.6 m | 8.1 m | 8.6 m | SEC (XBRL)· 17 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 284.8 m | 192.8 m | 208.0 m | 201.6 m | 184.8 m | 180.5 m | SEC (XBRL)· 17 Feb 2026verified |
| Property, plant & equipment, net | 16.9 m | 13.7 m | 20.2 m | 13.1 m | 11.0 m | 10.8 m | SEC (XBRL)· 17 Feb 2026verified |
| Intangibles (excl. goodwill) | 600.0 k | 14.3 m | 14.7 m | 6.2 m | 3.3 m | 2.4 m | SEC (XBRL)· 17 Feb 2026verified |
| Total assets | 10.7 bn | 12.1 bn | 12.4 bn | 12.5 bn | 16.4 bn | 16.2 bn | SEC (XBRL)· 17 Feb 2026verified |
| Total liabilities | 10.2 bn | 11.7 bn | 11.9 bn | 12.1 bn | 15.9 bn | 15.5 bn | SEC (XBRL)· 17 Feb 2026verified |
| Equity | 415.4 m | 476.7 m | 456.7 m | 401.8 m | 442.9 m | 627.9 m | SEC (XBRL)· 17 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 261.0 m | -468.4 m | 173.2 m | 10.4 m | -573.8 m | -748.0 m | SEC (XBRL)· 17 Feb 2026verified |
| Capex | 4.1 m | 3.3 m | 5.5 m | 2.2 m | 800.0 k | 2.9 m | SEC (XBRL)· 17 Feb 2026verified |
| Free cash flow | 256.9 m ≈ | -471.7 m ≈ | 167.7 m ≈ | 8.2 m ≈ | -574.6 m ≈ | -750.9 m ≈ | SEC (XBRL)· 17 Feb 2026derived |
| Investing cash flow | -527.9 m | -1.0 bn | -149.1 m | -100.3 m | 401.3 m | 1.8 bn | SEC (XBRL)· 17 Feb 2026verified |
| Financing cash flow | 131.8 m | 1.4 bn | -13.4 m | 70.8 m | 182.9 m | -1.1 bn | SEC (XBRL)· 17 Feb 2026verified |
| Share repurchases | 4.6 m | 0 | 50.0 m | 0 | — | — | SEC (XBRL)· 27 Feb 2024verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- score weight coverage: 47.9% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 263.3 m USD
Key indicators
Coverage and freshness
Score by group
48% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 123.51 – 236.88 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/E123.51 – 236.88 (Mid 180.59)4 companies used · median multiple 12.9x · quartiles 8.8x – 16.9xFIGR, FINV, PFSI, TREE
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: score weight coverage: 47.9% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | 11.1% | 50 (vs peers) | 13% |
| FCF conversion · Quality | -1,383.4% | 0 (on a fixed band) | 13% |
| Revenue CAGR 3Y · Growth | 3.8% | 32 (on a fixed band) | 17% |
| EPS CAGR 3Y · Growth | 96.0% | 100 (on a fixed band) | 17% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | 2.3x | 100 (on a fixed band) | 22% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -669.5% | 0 (on a fixed band) | 17% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/3 factors with a value
- Growth66/100 · 2/2 factors with a value
- Quality25/100 · 2/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation56/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Onity Group Inc. (ONIT). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 1.1 bn USD in 2025; YoY growth 9.3%; net margin 11.1%; ROE 23.0%.
The estimated value range is 123.51–236.88 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 180.59 USD, the price of 32.22 USD leaves a potential of 460.5% (value / price − 1) and a margin of safety of 82.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (score weight coverage: 47.9% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EPS CAGR 3Y: 96.0%
- P/E (TTM): 2.3x
- The price is below the estimated value range
What contradicts it
- FCF conversion: -1,383.4%
- FCF yield: -669.5%
Not assessed (insufficient data or a ratio without meaning): ROIC, Net debt / EBITDA, Interest coverage, Current ratio, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Nondepository credit (SIC 616x) · same industry group (3-digit SIC) · compared with 8 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| PFSIPennyMac Financial Services, Inc. | 3.5 bn | 15.1 | 5.6% | 640.7% | −25.2% | −50% / −14% |
| FOAFinance Of America Companies Inc. | 803.7 m | — | -0.1% | -0.1% | +26.1% | −46% / +40% |
| TREELendingTree, Inc. | 543.8 m | 3.1 | 82.8% | 14.3% | +24.1% | −32% / +119% |
| BETRBetter Home & Finance Holding Company | 360.1 m | — | -267.7% | -112.6% | +52.0% | −61% / −17% |
| ONITOnity Group Inc. | 263.3 m | 2.3 | 23.0% | 11.1% | +9.3% | −19% / +35% |
| UWMCUWM Holdings Corp | 168.1 m | — | -2.7% | -1.0% | +18.2% | −72% / −70% |
| BLNEBeeline Holdings, Inc. | 20.0 m | — | -41.1% | -215.3% | +600.0% | −70% / −95% |
| FIGRFigure Technology Solutions, Inc. | — | 22.5 | 16.8% | 33.5% | +48.7% | −42% / unavailable |
| FINVFinVolution Group | — | 10.7 | 16.3% | 2,679.2% | +3.9% | −42% / −35% |
1- and 3-year price returns: for ONIT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 21.09 Total return -35% · Per year -35% | 37.29 Total return 16% · Per year 16% | 56.19 Total return 74% · Per year 74% |
| 3 years | 20.18 Total return -37% · Per year -14% | 40.18 Total return 25% · Per year 8% | 66.51 Total return 106% · Per year 27% |
| 5 years | 19.30 Total return -40% · Per year -10% | 43.28 Total return 34% · Per year 6% | 78.72 Total return 144% · Per year 20% |
- Exit P/E± 10.04
- Net margin± 7.03
- Annual revenue growth± 5.81
- Annual dilution± 0.59
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (05 Nov 2026 · results), 10-Q (05 Nov 2026).
In brief
Onity Group Inc. (ONIT) is a non-bank mortgage servicer and originator that services and originates forward and reverse loans through the PHH Mortgage and Liberty Reverse Mortgage brands 1. Its servicing and subservicing portfolio exceeded 328 billion dollars of UPB at the end of 2025 1, and in Q2 2026 the company reported total revenue of 283 million dollars 3 while reshaping its reverse mortgage activity.
SWOT
Strengths
- A consolidated position in servicing, with a large administered portfolio and long-standing relationships with institutional investors and clients 1.
- A balanced model between owned MSRs and subservicing allows capital-light growth and more stable revenue 1.
- Good servicer ratings from the rating agencies and recognition from the GSEs support access to new contracts 1.
Weaknesses
Opportunities
Threats
- Interest rates that stay high could reduce refinance volume and intensify origination competition 1.
- Regulatory changes and supervisory actions could raise costs and restrict activity 1.
- Geopolitical risks and inflation, which the company cites as sources of uncertainty, could affect performance and the 2026 outlook 3.
Risks
- Regulatory compliancehigh
The company must comply with a broad set of federal, state and foreign laws, and failure to comply could lead to fines, loss of licences or restrictions on activity 1.
- Litigation and ongoing proceedingshigh
The company has ongoing proceedings and investigations, and adverse developments could add costs and affect its reputation 13.
- MSR valuation volatilitymedium
Changes in interest rates can produce valuation adjustments that affect net earnings, even when hedging is effective 13.
- Funding and liquiditymedium
Meeting servicer advance obligations and warehouse financing needs depends on access to capital, and capital constraints could limit growth 1.
- Reliance on technology vendorsmedium
Operations depend on outside vendors for servicing and financing systems, and outages or difficult transitions could affect the business 13.
Investment thesis
What would need to be true (bull case)
- The company grew its administered UPB and origination volume in a year of more favourable rates, and subservicing growth could continue on a capital-light basis 123.
- The FAR transaction and the asset transfers from Rithm could simplify the business and focus it on servicing if integration proceeds as planned 23.
- The 2026 profitability guidance has been maintained, and the company states that its operating fundamentals are strong, which could support a return to profitability 3.
What would break the thesis
- The Q2 2026 net result was a loss, and valuation adjustments and restructuring costs could continue to weigh on quarterly performance 3.
- Regulatory exposure and ongoing proceedings could generate unforeseen costs that reduce profitability 13.
- The company exited part of its reverse mortgage business, which could limit long-term growth if not offset by other revenue sources 23.
What to watch
- Delivery of the adjusted ROE guidance of 10 to 15 percent, now expected at the lower end2026
- Transfer of the remaining roughly 8 billion dollars of Rithm UPB and the consents neededQ3 2026
- Restructuring costs and asset fair value adjustments after the reverse MSR saleQ3 2026
- Servicer ratings from the rating agencies and GSE programme results for the 2025 yearnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 06 Aug 2026; since then the company filed 8-K (05 Nov 2026 · results), 10-Q (05 Nov 2026).
The business
Onity reports three segments: Servicing, Originations and Corporate 1. The Servicing segment includes owned mortgage servicing rights, on which the company funds the purchase and receives the full servicing economics, and a subservicing portfolio that earns smaller fees but requires no significant capital and carries no MSR fair value exposure 1. The Originations segment earns gains on loan sales and replenishes the servicing book through retail, correspondent and wholesale channels and MSR purchases 1. The company is headquartered in West Palm Beach, Florida, with about 75 percent of its workforce outside the U.S. at December 31, 2025, mainly in India and the Philippines 1.
The business model targets balance and diversification, capital-light growth, a low cost structure and dynamic asset management, with the aim of earning returns on capital invested in MSRs 1. In 2026 the company completed a sale to Finance of America Reverse LLC of part of its reverse MSRs and transferred servicing assets from Rithm 23. These transactions change the revenue mix by reducing exposure to reverse mortgages.
Onity is supervised by the CFPB, HUD, the SEC and state agencies that license its servicing and lending activities, and the GSEs and Ginnie Mae conduct periodic reviews and audits 1. The company operates under several regulatory settlements and ongoing matters, which makes compliance a central operating cost 1.
Segments
Servicing
The Servicing segment accounts for most of the company's revenue and covers forward servicing, reverse servicing and a small commercial servicing business 1. Servicing and subservicing fee revenue was 857 million dollars in 2025 1. In Q2 2026 growth in servicing UPB was driven mainly by owned MSRs, while subservicing grew in the first half of 2026 compared with 2025 2.
Market context
The mortgage market is led by non-bank companies, which according to IMF-Inside Mortgage Finance held nearly 60 percent of servicing and 80 percent of originations in the first nine months of 2025 1. Industry origination volume grew 18 percent in 2025 over the prior year, and 30-year mortgage rates fell in the second half of 2025, boosting refinance activity 1. In the first half of 2026 the average 30-year fixed rate was 6.26 percent, below the same period of 2025 2.
Interest rate moves directly affect MSR valuations and financing costs, since the 10-year Treasury rate is a key benchmark for valuation and hedging 12. Rate changes can therefore shift both origination margins and the fair value of the servicing book.
Trends
- Lower rates and origination recoverymixed
Lower mortgage rates in 2025 supported refinance volume and Originations production, and Onity grew faster than the industry over the same period 1. If rates stay high, competitive pressure in refinancing could increase, as the company itself notes 1.
- Consolidation in servicing and growth of subservicingtailwind
Clients increasingly favour partners with scale, and subservicing has grown as a share of the book, which supports capital-light expansion 12. This trend could support the portfolio if clients continue to outsource servicing.
- Exit from reverse originationsmixed
The company sold a significant part of its reverse MSRs to FAR and agreed to stop originating reverse mortgages for a five-year period after closing 23. This reduces exposure to a volatile business line but also limits growth potential in that segment.
- Regulatory pressure and compliance costsheadwind
Regulatory changes, especially from the CFPB and state authorities, can raise compliance costs and limit product offerings 1. If these pressures persist, they could reduce servicing margins.
Competitive position
Servicing, subservicing and mortgage origination markets are highly competitive and fragmented, with banks, non-bank servicers, REITs and lower-cost FinTech companies 1. Competition runs on price, service quality, operating performance and technology, and servicer ratings influence access to contracts 1.
In origination, competition centres on rates, margins and distribution channels, and some rivals have stronger retail or broker presence 1. Onity differentiates itself through client relationships, service quality and its Asia-Pacific operations, while consolidation has already produced acquisitions among market participants 1.
- Finance of America Reverse
Buyer of part of the company's reverse MSRs and of its reverse origination pipeline, a transaction that closed in June 2026 23.
- Rithm Capital
Subservicing partner from which the company transferred servicing assets in 2026 3.
- Large non-bank servicers
Non-bank servicing companies that together handle most loan servicing in the U.S. 1.
- Banks and FinTech originators
Origination competitors that use proprietary technology to attract borrowers and reduce costs 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report05 Nov 2026
- Current report05 Nov 2026Results of operations · Financial statements and exhibits
- Current report20 Oct 2026Regulation FD disclosure · Other events · Financial statements and exhibits
- Quarterly report06 Aug 2026
- Current report06 Aug 2026Results of operations · Financial statements and exhibits
- Current report01 Jul 2026Other events · Financial statements and exhibits
- Current report02 Jun 2026Other events · Financial statements and exhibits
- Current report19 May 2026Shareholder vote · Financial statements and exhibits
- Quarterly report05 May 2026
- Current report05 May 2026Material agreement · Results of operations · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Onity Group Inc. · 17 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Onity Group Inc. · 06 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Onity Group Inc. · 06 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.