Appointed
Claudia J. Merkle
director
ONIT ·
ONITY GROUP INC.
appointed Claudia J. Merkle to serve as a director, effective April 1, 2024.
Ready 8-Ks
50
Latest filing
August 6, 2026, 6:45 AM ET
Top materiality
0.90
Event mix
earnings ×14 · other_material ×14 · leadership ×8
Sentiment
18 pos · 2 neg · 30 neu
Latest earnings
reported 2025-FY
Executive change
recent →
Recent 8-K filings for ONIT
Highest-materiality recent filing
Onity Group reports preliminary Q4 2025 net income of $107-131M and announces $150M senior notes offering
- Preliminary Q4 2025 net income attributable to common stockholders estimated at $107M to $131M.
- Diluted EPS for Q4 estimated at $12.2 to $15.0; full-year EPS $19.3 to $22.1.
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Onity Group Q2 net loss $13M; record origination $15B, revenue up 15% YoY
Net loss of $13M ($1.53 diluted EPS); adjusted pre-tax income of $14M (annualized adjusted ROE 9%).
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Sold ~20,000 Ginnie Mae HECM loans with $5.2B unpaid principal balance as of May 31, 2026.
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Onity receives regulatory approval for reverse mortgage asset sale to FAR; expects $70-80M proceeds
Regulatory approval received May 28 for sale of reverse MSRs on ~20,000 loans ($5.1B UPB) to Finance of America Reverse.
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Onity Group shareholders elect directors, ratify auditor, approve say-on-pay at 2026 annual meeting
All seven director nominees elected: Messina, Bowers, Busquet, Merkle, Morris, Stein, Welborn (avg ~4.7M for, ~132K withheld).
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Onity reports Q1 net income $7M, rev $294M; sells $5.1B reverse MSR portfolio
Q1 2026 net income $7M (EPS $0.74); adj. pre-tax loss $6M; revenue $294M (+18% YoY).
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Onity Group adds Dawn C. Morris to Audit and Nomination/Governance Committees
Dawn C. Morris was appointed as director effective Jan 1, 2026; now assigned to Audit and Nomination/Governance Committees effective March 17, 2026.
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Onity Group to present at J.P. Morgan Leveraged Finance Conference, no new material disclosure
CFO Sean O'Neil hosts investor presentation at J.P. Morgan 2026 Global Leveraged Finance Conference.
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Onity appoints Aulene Wessel as CAO, replacing departing Francois Grunenwald
Aulene Wessel named SVP and CAO effective Feb 23, 2026, reporting to CFO Sean O'Neil.
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Onity Group reports record FY2025 net income $185M, diluted EPS $21.46, and $10M buyback
Net income attributable to common stockholders of $185M; diluted EPS $21.46; ROE of 35%.
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Onity's PHH unit issues additional $200M of 9.875% Senior Notes due 2029
Additional $200M aggregate principal issued on Jan 30, 2026, forming single series with existing $500M notes.
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Onity subsidiaries close $200M add-on offering of 9.875% Senior Notes due 2029
Aggregate principal of $200M; additional issuance to $500M originally issued Nov 6, 2024 at same 9.875% rate.
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Preliminary Q4 2025 net income attributable to common stockholders estimated at $107M to $131M.
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Onity Group announces $200M add-on to 9.875% Senior Notes due 2029
PHH Corporation and PHH Escrow Issuer LLC priced $200M of 9.875% Senior Notes due 2029.
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Onity appoints Dawn C. Morris as director effective Jan 1, 2026; Britell to leave at 2026 meeting
Board temporarily increased to nine directors with Morris appointment, effective January 1, 2026.
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Oaktree exercises warrants for 1.18M shares; Onity issues 462k net, eliminating all warrant dilution
Oaktree funds exercised warrants for 1,184,768 shares at $26.82; Onity settled net with 462,762 shares at $44.01 trailing average.
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Onity Group presents at Bank of America conference; no material new information
CFO Sean O'Neil delivering investor presentation on Dec 2, 2025.
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Selling ~40,000 HECM loans with $9.6B UPB; net proceeds estimated at $100-110M after adjustments.
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Onity reports Q3 net income of $18M; loses Rithm as subservicing client (10% of UPB)
Q3 net income $18M ($2.03 diluted EPS); adjusted pre-tax income $31M (adj. ROE 25%).
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Onity appoints Robert Welborn as director; Soaries to retire at 2026 meeting
Robert S. Welborn appointed to Board effective Oct 1, 2025; will serve on Risk and Compliance Committee.
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Onity Group reports Q2 2025 net income of $20M; diluted EPS $2.40; origination volume up 35% YoY
Net income attributable to common stockholders $20M; diluted EPS $2.40; ROE of 17%.
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Onity Group shareholders elect all director nominees and ratify Deloitte as auditor
All seven director nominees elected; Glen A. Messina received 4,133,916 for, 77,203 withheld, 1,837,226 broker non-votes.
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Onity Q1 net income $21M, diluted EPS $2.50, book value $58, reaffirms 2025 ROE guidance
Net income attributable to common stockholders $21M; diluted EPS $2.50; ROE 19%.
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Originations volume significantly higher than Q1 2024; Ginnie Mae recapture rate over 70%.
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Onity Group reports FY2024 net income $33M, EPS $4.13; guides 2025 adj. ROE 16%-18%
FY2024 net income attributable to common stockholders $33M (highest since 2013); diluted EPS $4.13; ROE 8%.
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Onity closes sale of 15% MAV stake to Oaktree for $49.5M; refinances $574M in debt
Sold 15% interest in MSR Asset Vehicle to Oaktree for $49.5M cash; PHH Mortgage remains exclusive subservicer for 5 years.
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Onity Group renews Rithm subservicing agreements through Jan 2026 with reduced fees
Agreements renewed through January 31, 2026; auto-renew on Feb 1, 2026 unless notice given.
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Onity Group extends Rithm notice deadline to Nov 22 for subservicing agreement renewal
Rithm had until Nov 15 to provide non-renewal notice; jointly extended deadline to Nov 22.
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ONIT subsidiary closes $500M 9.875% Senior Notes due 2029 to refinance existing debt
PHH Escrow Issuer issued $500M of 9.875% Senior Notes due Nov 1, 2029; proceeds held in escrow pending MAV Sale.
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Onity Q3 net income $21M, EPS $2.65; issues Series B preferred for $55M assets
GAAP net income $21M, diluted EPS $2.65; adjusted pre-tax income $35M, adjusted pre-tax ROE 31%.
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Onity subsidiary prices $500M of 9.875% senior notes due 2029 to refinance debt
$500M aggregate principal, 9.875% coupon, due 2029; priced at 99.556% of par.
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Onity reports prelim Q3 net income $21.4M ($2.65 EPS), plans $475M notes offering
Q3 2024 prelim net income $21.4M, diluted EPS $2.65, vs Q2 net income $10.5M, EPS $1.33.
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Onity Group extends Rithm Capital subservicing termination rights to Nov 15, 2024
On October 14, 2024, Onity and Rithm agreed to extend Rithm's termination rights through November 15, 2024.
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Onity Group to acquire MAM's reverse mortgage assets with $3B UPB; issues Series B Preferred Stock
Acquires substantially all MAM assets with estimated aggregate NAV of ~$55M, including $3.0B UPB of HECM reverse mortgage loans and MSRs, plus ~$20M cash.
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Onity Group accelerates capital restructuring with MAV sale, debt reduction, and asset acquisitions
Onity to sell its 15% interest in MAV to Oaktree for ~$49M cash; expects Q4 2024 close subject to debt financing and approvals.
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Onity posts Q2 net income of $11M; enters LOI to acquire $3B reverse mortgage assets
GAAP net income of $11M; diluted EPS $1.33; annualized ROE 10%.
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Ocwen Financial rebrands as Onity Group, begins trading under ticker 'ONIT'
Name change to Onity Group Inc. effective June 10, 2024; common stock now trades on NYSE under 'ONIT'.
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Ocwen Financial to change name to Onity Group Inc., ticker to ONIT on June 10, 2024
Shareholders approved name change to Onity Group Inc. with 5,915,295 votes for, 288,982 against; effective June 10, 2024.
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Ocwen reports Q1 net income of $30M, EPS $3.74, ROE 29%; Moody's upgrades to B3
Net income of $30M; diluted EPS $3.74; annualized return on equity 29%.
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Ocwen appoints Merkle to Compensation and Nomination/Governance Committees
Claudia J. Merkle appointed to Compensation and Human Capital Committee and Nomination/Governance Committee, effective May 28, 2024.
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Ocwen to rebrand as Onity Group Inc., proposes stock ticker ONIT
Shareholder vote on name change at Annual Meeting on May 28, 2024.
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Ocwen appoints Claudia Merkle to board; director Phyllis Caldwell to leave at May 2024 meeting
Claudia J. Merkle, former CEO of NMI Holdings, appointed to Ocwen board effective April 1, 2024.
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Ocwen reports FY2023 GAAP net loss of $64M; adjusted pre-tax income of $49M
Q4 GAAP net loss of $47M; adjusted pre-tax income of $11M. Full-year net loss $64M; adjusted pre-tax income $49M.
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George T. Henley, EVP and Chief Growth Officer, will leave after a transition period on Dec 31, 2023.
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Ocwen Financial Q3 2023 net income $8M, EPS $1.10; adjusted pre-tax income $10M
GAAP net income of $8 million; diluted EPS of $1.10.
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Ocwen Q2 net income $15M, up $56M QoQ; CFPB ruling final
GAAP net income of $15M, an improvement of $56M from Q1 2023.
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Ocwen shareholders approve amendment to 2021 Equity Incentive Plan, adding 300K shares
Amendment increases share limit by 300,000, to a maximum of 1,539,443 shares.
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Ocwen Financial reports Q1 GAAP net loss of $40M; adjusted pre-tax income of $6M
Net loss of $40 million, driven by $39 million reduction in unrealized MSR fair value due to lower interest rates.
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Ocwen discloses no exposure to Silicon Valley Bank or Signature Bank
Company has no lending or depository relationships with Silicon Valley Bank or Signature Bank.
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Ocwen reports FY2022 net income $26M, EPS $2.97; Q4 net loss $80M
Full-year 2022 net income $26M, EPS $2.97, up 42% and 49% YoY respectively.
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Glen Messina, President and CEO, appointed Chair of the Board, effective Jan 23, 2023.
Executive changes
Departed
Phyllis R. Caldwell
director
ONIT ·
ONITY GROUP INC.
Phyllis R. Caldwell, a director of the Company, has notified the Board that she has decided not to stand for re-election at the Company’s 2024 annual shareholder meeting
Departed
(interim)
George T. Henley
Executive Vice President and Chief Growth Officer
ONIT ·
ONITY GROUP INC.
On December 8, 2023, Ocwen Financial Corporation (“the Company”) announced that George T. Henley, Executive Vice President and Chief Growth Officer, will be leaving the Company after a transition period on December 31, 2023.
Appointed
(interim)
Andy Peach
Interim Leader of Originations
ONIT ·
ONITY GROUP INC.
Andy Peach, Senior Vice President, Business-to-Business Lending, who has been with the Company since March 2021, is currently serving as the interim leader of the Company’s Originations business.
Departed
June C. Campbell
Executive Vice President and Chief Financial Officer
ONIT ·
ONITY GROUP INC.
Ms. Campbell’s departure is unrelated to any disagreement with the Company on any matter.
Appointed
Sean O'Neil
Executive Vice President and Chief Financial Officer
ONIT ·
ONITY GROUP INC.
On May 18, 2022, the Company also announced that Sean O’Neil will join the organization as Executive Vice President and Chief Financial Officer effective June 13, 2022.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.65 · Most common event earnings