---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039642"
form_type: "8-K"
ticker: "ONIT"
cik: "0000873860"
company_name: "ONITY GROUP INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T18:30:07.288335+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ocwen Financial Q3 2023 net income $8M, EPS $1.10; adjusted pre-tax income $10M

## Summary
- GAAP net income of $8 million; diluted EPS of $1.10.
- Adjusted pre-tax income of $10 million; 9% annualized adjusted pre-tax return on equity.
- Total servicing UPB $296B (+2% QoQ); subservicing UPB $167B (+6% QoQ).
- Repurchased $14 million of PHH senior secured notes below par during Q3.

## SEC filing metadata
- accession: 0001493152-23-039642
- form_type: 8-K
- ticker: ONIT
- cik: 0000873860
- company_name: ONITY GROUP INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/873860/000149315223039642/0001493152-23-039642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/873860/000149315223039642/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039642
- JSON: https://secwatch.observer/filing/0001493152-23-039642.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039642.txt

## Key facts
- Earnings Releases
  ONITY GROUP INC. reported third quarter ended September 30, 2023 results: net income Net income of $8 million, EPS earnings per share of $1.10.
  - Period: third quarter ended September 30, 2023
  - Net income: Net income of $8 million
  - EPS: earnings per share of $1.10
  - Result: reported results
  source text: Ocwen Financial Corporation issued a press release announcing results for the third quarter ended September 30, 2023 and providing a business update.
  evidence_url: https://www.sec.gov/Archives/edgar/data/873860/000149315223039642/0001493152-23-039642-index.htm

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