---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030270"
form_type: "8-K"
ticker: "ONIT"
cik: "0000873860"
company_name: "ONITY GROUP INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:51:09.239467+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ocwen Q3 net income $37M ($4.33 EPS); Oaktree commits $250M to MSR joint venture

## Summary
- GAAP net income $37M, EPS $4.33; annualized return on GAAP book equity 27%.
- Book value per share $69, up $14 from year-end 2021; total liquidity $255M (+$62M).
- Repurchased $48M of stock since program launch as of Oct 31, 2022.
- Oaktree agrees to up to $250M additional capital for MSR joint venture; Ocwen may contribute pro rata.
- Adjusted pre-tax loss of $8M for Q3 2022.

## SEC filing metadata
- accession: 0001493152-22-030270
- form_type: 8-K
- ticker: ONIT
- cik: 0000873860
- company_name: ONITY GROUP INC.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/873860/000149315222030270/0001493152-22-030270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/873860/000149315222030270/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030270
- JSON: https://secwatch.observer/filing/0001493152-22-030270.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030270.txt

## Key facts
- Earnings Releases
  ONITY GROUP INC. reported the third quarter ended September 30, 2022 results: net income $37 million, EPS $4.33.
  - Period: the third quarter ended September 30, 2022
  - Net income: $37 million
  - EPS: $4.33
  - Result: reported results
  source text: The Company reported GAAP net income of $37 million for the third quarter with an adjusted pre-tax loss of $8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/873860/000149315222030270/0001493152-22-030270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.