secwatch.observer — SEC 8-K summary
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Issuer:     ONITY GROUP INC. (ONIT)
CIK:        0000873860
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001493152-22-030270
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/873860/000149315222030270/0001493152-22-030270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/873860/000149315222030270/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030270

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer