{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-007927","form_type":"8-K","ticker":"ONIT","cik":"0000873860","company_name":"ONITY GROUP INC.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.099214+00:00","generated_at":"2026-06-05T13:49:27.254269+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ocwen reports FY2023 GAAP net loss of $64M; adjusted pre-tax income of $49M","bullets":["Q4 GAAP net loss of $47M; adjusted pre-tax income of $11M. Full-year net loss $64M; adjusted pre-tax income $49M.","GAAP operating expenses reduced by over $120M, or 23%, versus 2022.","Total liquidity $242M as of Dec 31, 2023, up 10% YoY.","$89M reduction in unrealized MSR value change due to rates and assumptions, net of hedge."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-007927","json":"https://secwatch.observer/filing/0001493152-24-007927.json","markdown":"https://secwatch.observer/filing/0001493152-24-007927.md","text":"https://secwatch.observer/filing/0001493152-24-007927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/873860/000149315224007927/0001493152-24-007927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/873860/000149315224007927/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T13:49:27.254269+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3eac30094c6df59ffed5e02390ccd68747d6e69e","claim":"ONITY GROUP INC. reported financial results for the fourth quarter and the year ended December 31, 2023.","evidence_excerpt":"On February 27, 2024, Ocwen Financial Corporation issued a press release announcing results for the fourth quarter and the year ended December 31, 2023 and providing a business update.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/873860/000149315224007927/0001493152-24-007927-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and the year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}