{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-017483","form_type":"8-K","ticker":"ONIT","cik":"0000873860","company_name":"ONITY GROUP INC.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.232404+00:00","generated_at":"2026-06-03T01:23:19.971579+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ocwen reports Q1 net income of $30M, EPS $3.74, ROE 29%; Moody's upgrades to B3","bullets":["Net income of $30M; diluted EPS $3.74; annualized return on equity 29%.","Adjusted pre-tax income of $14M driven by servicing segment; adjusted pre-tax ROE 13.8%.","$23B in total servicing additions, including $19B subservicing; $47M repurchase of PHH senior notes below par.","Moody's upgraded corporate family rating to B3 in April 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-017483","json":"https://secwatch.observer/filing/0001493152-24-017483.json","markdown":"https://secwatch.observer/filing/0001493152-24-017483.md","text":"https://secwatch.observer/filing/0001493152-24-017483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/873860/000149315224017483/0001493152-24-017483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/873860/000149315224017483/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:23:19.971579+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":"ef7800b87184ccb8c651855ef9f7060e15d39df1","claim":"ONITY GROUP INC. reported first quarter ended March 31, 2024 results: net income $30 million, EPS $3.74.","evidence_excerpt":"On May 2, 2024, Ocwen Financial Corporation issued a press release announcing results for the first quarter ended March 31, 2024 and providing a business update.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/873860/000149315224017483/0001493152-24-017483-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$30 million"},{"label":"EPS","value":"$3.74"},{"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"}