secwatch / observer
8-K filed May 5, 2026, 7:59 PM ET ticker ONIT CIK 0000873860
other material confidence high sentiment neutral materiality 0.80

Onity reports Q1 net income $7M, rev $294M; sells $5.1B reverse MSR portfolio

ONITY GROUP INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ONITY GROUP INC. reported first quarter ended March 31, 2026 results: revenue $294 million, net income $7 million, EPS $0.74. Guidance reaffirmed.

Period
first quarter ended March 31, 2026
Revenue
$294 million
Net income
$7 million
EPS
$0.74
Guidance
reaffirmed
Result
reported results
Exact text from the filing
in annualized adjusted ROE* of (4%), includes impact of mortgage interest rate volatility, higher than expected refinancing activity, and elevated FHA delinquencies ● $294 million in total revenue, up 18% vs Q1 2025; $278 million in adjusted revenue,* up 26% vs Q1 2025 ● $28 billion in total servicing additions, including $20 billion in MSR additions ●
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ONITY GROUP INC. amended the Amendment with Finance of America Reverse LLC valued at approximately $105-115 million (effective 2026-04-30).

Action
amendment
Agreement
asset purchase
Counterparty
Finance of America Reverse LLC
Value
approximately $105-115 million
Effective
2026-04-30
Exact text from the filing
On April 30, 2026, Onity Group Inc. (“Onity” or the “Company”), through its wholly-owned subsidiary Onity Mortgage Corporation (“OMC”), and Finance of America Reverse LLC (“FAR”) entered into an amendment (the “Amendment”) to the parties’ agreements for the sale of Onity’s reverse mortgage servicing portfolio and certain reverse originations assets.
View on SEC.gov

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ONITY GROUP INC. filing history →

Source: SEC EDGAR
accession 0001493152-26-021221
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