{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-031547","form_type":"8-K","ticker":"ONIT","cik":"0000873860","company_name":"ONITY GROUP INC.","filed_at":"2026-07-01T20:15:19+00:00","discovered_at":"2026-07-01T20:16:00.213001+00:00","generated_at":"2026-07-01T20:16:08.557045+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Onity Group closes sale of reverse mortgage portfolio to Finance of America Reverse for $70-80M net proceeds","bullets":["Sold ~20,000 Ginnie Mae HECM loans with $5.2B unpaid principal balance as of May 31, 2026.","Net proceeds expected $70-80M; to be used for growth, debt reduction, and corporate purposes.","Entered into three-year subservicing agreement with FAR; ceased reverse mortgage originations.","Onity will continue securitizations of reverse mortgage buyout loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-031547","json":"https://secwatch.observer/filing/0001493152-26-031547.json","markdown":"https://secwatch.observer/filing/0001493152-26-031547.md","text":"https://secwatch.observer/filing/0001493152-26-031547.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/873860/000149315226031547/0001493152-26-031547-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/873860/000149315226031547/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-01T20:16:08.557045+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}