Form 8-K

8-K — ONITY GROUP INC.

Accession: 0001493152-26-036246

Filed: 2026-08-06

Period: 2026-08-06

CIK: 0000873860

SIC: 6162 (MORTGAGE BANKERS & LOAN CORRESPONDENTS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-99.1 (ex99-1.htm)

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0000873860

2026-08-06

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): August 6, 2026

onity

group inc.

(Exact

name of registrant as specified in its charter)

Florida

1-13219

65-0039856

(State

or other jurisdiction

(Commission

(IRS

Employer

incorporation)

File

Number)

Identification

No.)

1661

Worthington Road, Suite 100

West

Palm Beach, Florida 33409

(Address

of principal executive offices)

Registrant’s

telephone number, including area code: (561) 682-8000

Not

applicable.

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, $0.01 Par Value

ONIT

New

York Stock Exchange (NYSE)

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02

Results of Operations

and Financial Condition.

August 6, 2026, Onity Group Inc. issued a press release announcing results for the second quarter ended June 30, 2026 and providing a

business update. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The

information in this Item 2.02 and the information in the related exhibit attached hereto shall not be deemed to be “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject

to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities

Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and

Exhibits.

(d)

Exhibits

Exhibit

Number

Description

99.1

Press Release of Onity Group Inc. dated August 6, 2026 announcing financial results for the second quarter ended June 30, 2026

104

Cover

Page Interactive Data File formatted in online XBRL (included as Exhibit 101)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its

behalf by the undersigned, hereunto duly authorized.

ONITY

GROUP INC.

(Registrant)

Date:

August 6, 2026

By:

/s/

Sean B. O’Neil

Sean

B. O’Neil

Chief

Financial Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

Onity

Group Inc.

ONITY

GROUP ANNOUNCES SECOND QUARTER 2026 RESULTS

Record

origination volume and significant subservicing additions driving double-digit revenue and servicing growth

Strategically

repositioned the business through reverse asset sale and transfer of legacy subservicing

West

Palm Beach, FL – (August 6, 2026) – Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”)

today announced its second quarter 2026 results.

Second

Quarter 2026:

● Net

loss attributable to common stockholders of $13 million; diluted EPS of ($1.53); ROE of (8%)

● Adjusted

pre-tax income* of $14 million, resulting in annualized adjusted ROE* of 9%

● Net

loss includes $9 million pre-tax cost related to reverse asset sale and legacy subservicing

transfer and $24 million pre-tax unfavorable asset fair value changes

● $283

million in total revenue, up 15% vs Q2 2025; $281 million in adjusted revenue,* up 24% vs

Q2 2025

● $42

billion in total servicing additions, including quarterly record of over $15 billion in Originations,

up 64% vs Q2 2025; $341 billion in ending servicing UPB, up 10% vs Q2 2025

2026

Outlook:

● Maintained

adjusted ROE* guidance range at 10% - 15%, expected to be at the lower end of the range,

in light of persistent geopolitical instability, inflation, and market volatility

● Reaffirming

previous guidance on servicing UPB growth, MSR hedge effectiveness, and operating efficiency

Beginning with Q2 2026, we changed the methodology used to calculate Adjusted Pre-Tax Income and Adjusted ROE. See “Note Regarding

Non-GAAP Financial Measures” below.

Glen

A. Messina, Chair, President and CEO of Onity Group, said, “Our second quarter results demonstrate that our growth strategy is

sound and our operating fundamentals are strong. We delivered double-digit revenue and servicing UPB growth with record origination volume

and significant subservicing additions. We also completed servicing portfolio repositioning actions to simplify the business, improve

profitability and focus, and increase strategic flexibility. At the same time, net loss was impacted by portfolio restructuring costs

as well as market-driven unfavorable asset fair value changes; however, these items do not diminish the progress we are making or the

strength and direction of the business.”

Messina

continued, “Onity is a top 10 non-bank servicer and originator with increasing scale, a balanced business model that is working

as intended, and a modernized technology platform. With a strong foundation, simplified business and greater flexibility, we believe

we are well positioned to navigate the current environment, capitalize on attractive opportunities, and continue delivering prudent growth.”

Additional

Second Quarter 2026 Operating and Business Highlights

● Completed

transaction with Finance of America Reverse LLC for sale of reverse assets; sold approximately

80% of reverse MSRs, based on fair value as of June 30, 2026; net proceeds of approximately

$77 million

● First

half 2026 subservicing additions of $35 billion exceeds prior first half guidance

● Funded

recapture volume up 3.1x, compared to Q2 2025

● Transferred

approximately $22 billion of Rithm servicing UPB in first half 2026; $8 billion UPB remaining

of which $4 billion is expected to transfer, subject to receipt of consents

● Servicing

advances decreased 33% vs Q2 2024 to $369 million, while owned forward servicing UPB increased

44% vs Q2 2024 to $176 billion

● Repurchased

141,343 shares of Onity common stock during Q2, utilizing $5.8 million

● Book

value per share of $73, up $13 compared to Q2 2025

Webcast

and Conference Call

Onity

will hold a conference call on Thursday, August 6, 2026, at 8:30 a.m. (ET) to review the Company’s second quarter 2026 operating

results. All interested parties are welcome to participate. You can access the conference call by dialing (800) 245-3047 or (203) 518-9765

approximately 10 minutes prior to the call; please reference the conference ID “Onity.” Participants can also access the

conference call through a live audio webcast available from the Shareholder Relations page at onitygroup.com under Events and

Presentations. An investor presentation will accompany the conference call and be available by

visiting the Shareholder Relations page at onitygroup.com prior to the call. A replay

of the conference call will be available via the website approximately two hours after the conclusion of the call. A telephonic replay

will also be available approximately three hours following the call’s completion through August 20, 2026, by dialing (844)

512-2921 or (412) 317-6671; please reference access code 11162006.

About

Onity Group

Onity

Group Inc. (NYSE: ONIT) is a leading non-bank financial services company delivering mortgage servicing and originations solutions through

Onity Mortgage Corporation. As one of the largest mortgage servicers in the country, we help consumers and business clients achieve their

homeownership and financial goals with a wide range of servicing and lending programs powered by a technology-enabled, customer-centric

platform. Headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India

and the Philippines, we have been serving our customers since 1988. For additional information, please visit onitygroup.com or

onitymortgage.com.

Forward

Looking Statements

This

press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section

21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by a reference to a future

period or by the use of forward-looking terminology. Forward-looking statements are typically identified by words such as “expect”,

“believe”, “foresee”, “anticipate”, “intend”, “estimate”, “goal”,

“strategy”, “plan” “target” and “project” or conditional verbs such as “will”,

“may”, “should”, “could” or “would” or the negative of these terms, although not all

forward-looking statements contain these words, and includes statements in this press release regarding our guidance on adjusted ROE,

UPB growth, MSR hedge rate effectiveness and operating efficiency, our ability to sustain growth, capitalize on opportunities and create

value, and the impact of the servicing portfolio repositioning on our business, profitability and growth opportunities. Forward-looking

statements by their nature address matters that are, to different degrees, uncertain. Readers should bear these factors in mind when

considering such statements and should not place undue reliance on such statements.

Forward-looking

statements involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. In the past,

actual results have differed from those suggested by forward looking statements and this may happen again. Important factors that could

cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the

potential for ongoing disruption in the financial markets and in commercial activity generally as a result of U.S. and global political

events, changes in monetary and fiscal policy, and other sources of instability; the impacts of inflation, employment disruption, and

other financial difficulties facing our borrowers; the timing for receipt of required consents

to transfer certain Rithm Capital Corp. assets, the size of the portfolio following transfer, and our ability identify and execute on

alternative sources of revenue for our servicing business; the adequacy of our financial resources, including our ability to sell,

fund and recover servicing advances, whole loans, future draws on existing reverse loans, and HECM and forward loan buyouts and put backs,

as well as repay, renew and extend borrowings, borrow additional amounts when required, meet our asset investment objectives and comply

with our debt agreements, including the financial and other covenants contained in them; our ability to interpret correctly and comply

with current or future liquidity, net worth and other financial and other requirements of regulators, the Federal National Mortgage Association

(Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the GSEs), and the Government National Mortgage Association

(Ginnie Mae); the timing for implementation of our technology and AI-based initiatives and the extent to which they contribute to our

future success; breach or failure of Onity’s, our contractual counterparties’, or our vendors’ information technology

or other security systems or privacy protections, including any failure to protect customers’ data, resulting in disruption to

our operations, loss of income, reputational damage, costly litigation and regulatory penalties; our reliance on our technology vendors

to adequately maintain and support our systems, including our servicing systems, loan originations and financial reporting systems, and

uncertainty relating to our ability to transition to alternative vendors, if necessary, without incurring significant cost or disruption

to our operations; our ability to close MSR and other transactions; our ability to grow our reverse servicing business; the extent to

which acquisitions and other strategic initiatives will contribute to achieving our growth objectives; increased servicing costs based

on increased borrower delinquency levels or other factors; uncertainty related to past, present or future claims, litigation, cease and

desist orders and investigations regarding our servicing, foreclosure, modification, origination and other practices brought by government

agencies and private parties, including state regulators, the Consumer Financial Protection Bureau (CFPB), State Attorneys General, the

Securities and Exchange Commission (SEC), the Department of Justice or the Department of Housing and Urban Development (HUD); the reactions

of key counterparties, including lenders, the GSEs and Ginnie Mae, to our regulatory engagements and litigation matters; increased regulatory

scrutiny and media attention; any adverse developments in existing legal proceedings or the initiation of new legal proceedings; our

ability to effectively manage our regulatory and contractual compliance obligations; our ability to comply with our servicing agreements,

including our ability to maintain our seller/servicer and other statuses with the GSEs and Ginnie Mae; our servicer and credit ratings

as well as other actions from various rating agencies, including any future downgrades; as well as other risks and uncertainties detailed

in our reports and filings with the SEC, including our annual report on Form 10-K for the year ended December 31, 2025. Anyone wishing

to understand Onity’s business should review our SEC filings. Our forward-looking statements speak only as of the date they are

made and, we disclaim any obligation to update or revise forward-looking statements whether as a result of new information, future events

or otherwise.

Note

Regarding Non-GAAP Financial Measures

This

press release contains references to adjusted pre-tax income (loss), adjusted ROE and adjusted revenue, all non-GAAP financial measures.

believe these non-GAAP financial measures provide a useful supplement to discussions and analysis of our financial condition, because

they are measures that management uses to assess the financial performance of our operations and allocate resources. In addition, management

believes that this presentation may assist investors with understanding and evaluating our initiatives to drive improved financial performance.

Management believes, specifically, that the removal of fair value changes of our net MSR exposure due to changes in market interest rates

and assumptions provides a useful, supplemental financial measure as it enables an assessment of our ability to generate earnings regardless

of market conditions and the trends in our underlying businesses by removing the impact of fair value changes due to market interest

rates and assumptions, which can vary significantly between periods.

Beginning

with the three months ended June 30, 2026, for purposes of calculating Income Statement Notables and Adjusted Pre-Tax Income, we changed

the methodology used to calculate MSR Valuation Adjustments due to rates and assumption changes by including as Income Statement Notables

(and therefore excluding from Adjusted Pre-Tax Income) the impact of non-UPB collateral changes such as delinquency status, borrower

escrow payments and balances and loan aging. We made this change because management believes that this runoff calculation more closely

reflects the actual runoff of the UPB measured in fair value in isolation. In addition, this change is responsive to investor requests

to simplify our presentation of operating results, and we believe this presentation is consistent with the approach utilized by certain

of our peer companies within our industry.

However,

our non-GAAP measures should not be analyzed in isolation or as a substitute to analysis of our GAAP pre-tax income (loss), GAAP pre-tax

ROE or GAAP revenue nor a substitute for cash flows from operations. There are certain limitations to the analytical usefulness of the

adjustments we make to GAAP pre-tax income (loss), GAAP pre-tax ROE and GAAP revenue and, accordingly, we use these adjustments only

for purposes of supplemental analysis. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, Onity’s

reported results under accounting principles generally accepted in the United States. Other companies may use non-GAAP financial measures

with the same or similar titles that are calculated differently to our non-GAAP financial measures. As a result, comparability may be

limited. Readers are cautioned not to place undue reliance on analysis of the adjustments we make to GAAP pre-tax income (loss), GAAP

pre-tax ROE and GAAP revenue.

The

Company has not provided reconciliations of guidance for adjusted ROE, in reliance on the unreasonable efforts exception provided under

Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable, without unreasonable efforts, to forecast certain items required to develop

meaningful comparable GAAP financial measures. These items include the change in fair value of our net MSR exposure due to changes in

market interest rates and assumptions which can vary significantly between periods and are difficult to predict in advance in order to

include in a GAAP estimate.

Notables

the table below, we adjust GAAP pre-tax income for the following factors: MSR valuation adjustments, expense notables, and other income

statement notables. MSR valuation adjustments are comprised of changes to Forward MSR and Reverse mortgage valuations due to rates and

assumption changes. Expense notables include significant legal and regulatory settlement expenses, severance and retention costs, LTIP

stock price changes, consolidation of office facilities and other expenses (such as costs associated with strategic transactions). Other

income statement notables include non-routine transactions that are not categorized in the above.

Beginning

with the three months ended December 31, 2025, for purposes of calculating Adjusted ROE, we changed the methodology used to calculate

adjusted average equity to a monthly average. We made this change to improve the accuracy of net income impact on equity. See calculations

preceding “Average Adjusted Equity” in the “Adjusted ROE Calculation” table below.

addition, as noted above, beginning with the three months ended June 30, 2026, for the purposes of calculating MSR Valuation Adjustments,

we now include the impact of non-UPB collateral changes such as delinquency status, borrower escrow payments and balances and loan aging.

See calculations preceding “Total MSR Valuation Adjustments due to rates and assumption changes, net” in the “Notables”

table below.

Presentation

of past periods has been conformed to the current presentation. Utilizing methodology in effect as of March 31, 2026 would result in

Q1’26 Adjusted Pre-Tax Income (Loss) of ($6 million) and Q2’26 Adjusted Pre-Tax Income (Loss) of ($5 million).

(Dollars in millions)

Q2’26

Q1’26

Q2’25

Net Income (Loss) Attributable to Common Stockholders

(13 )

A. Preferred Stock Dividend

(1 )

Reported Net Income (Loss) [I – A]

(12 )

B. Income Tax Benefit (Expense)

(0 )

(1 )

III

Reported Pre-Tax Income (Loss) [II – B]

(15 )

Forward MSR Valuation Adjustments due to rates and assumption changes, net (a)(b)

(14 )

(9 )

Reverse Mortgage Fair Value Change due to rates and assumption changes (b)(c)

(4 )

Total MSR Valuation Adjustments due to rates and assumption changes, net

(19 )

(0 )

Significant legal and regulatory settlement expenses

(4 )

(3 )

Severance and retention (d)

(1 )

(3 )

(0 )

LTIP stock price changes (e)

(2 )

Office facilities consolidation

(0 )

Other expense notables (f)

(3 )

(0 )

C. Total Expense Notables

(9 )

(4 )

D. Other Income Statement Notables (g)

(2 )

(1 )

Total Other Notables [C + D]

(10 )

(6 )

Total Notables (h) [IV + V]

(29 )

(6 )

VII

Adjusted Pre-Tax Income [III – VI]

a) MSR

valuation adjustments that are due to changes in market interest rates and assumptions, net

of overall fair value gains / (losses) on MSR hedge, including FV changes of Pledged MSR

liabilities associated with MSR transferred to MSR capital partners and ESS financing liabilities

at fair value that are due to changes in market interest rates and assumptions, a component

of MSR valuation adjustments, net; effective in Q2’26, we changed the methodology used

to calculate MSR Valuation Adjustments due to rates and assumption changes; presentation

of past periods has been conformed to the current presentation; without this change, Forward

MSR valuation adjustments due to rates and assumption changes, net would be $6M in Q2’25,

$11M in Q1’26, and $4M in Q2’26, and Total MSR valuation adjustments due to rates

and assumption changes, net would be $6M in Q2’25, $20M in Q1’26, and $0M in

Q2’26; see “Note Regarding Non-GAAP Financial Measures” above for additional

information

b) The

changes in fair value due to market interest rates were measured by isolating the impact

of market interest rate changes on the valuation model output per our MSR valuation process

c) FV

changes of reverse loans and HMBS-related borrowings due to market interest rates and assumptions,

a component of gain on reverse loans and HMBS-related borrowings, net

d) Severance

and retention due to organizational rightsizing or reorganization

e) Long-term

incentive program (LTIP) compensation expense changes attributable to stock price changes

during the period

f) Contains

costs associated with but not limited to rebranding and other strategic initiatives and transactions

g) Contains

non-routine transactions including but not limited to early payoff expense and fair value

assumption changes on other investments recorded in other income/expense

h) Certain

previously presented notable categories with nil numbers for each period shown have been

omitted

Adjusted

ROE Calculation

(Dollars in millions)

Q2’26

Q1’26

Q2’25

GAAP ROE

(8 )%

4 %

17 %

Reported Net Income (Loss)

(12 )

Notable Items

(29 )

(6 )

III

Income Tax Benefit (Expense)

(0 )

(1 )

Adjusted Pre-Tax Income [I – II – III]

Annualized Adjusted Pre-tax Income [IV * 4 for qtr.]

A. Monthly average common equity

618

632

469

B. Impact of notable items [ – II]

(7 )

C. # of months in period + 1

D. Average impact of notables [B / C]

(2 )

Average Adjusted Equity [A + D]

625

633

467

VII

Adjusted ROE (a) [V / VI]

9 %

14 %

a) Effective

in Q4’25, adjusted average equity used in adjusted ROE is now a monthly average; presentation

of past periods has been conformed to the current presentation; without this change, adjusted

ROE would be 14% in Q2’25; see “Notables” above for more information; effective

in Q2’26, we changed the methodology used to calculate MSR Valuation Adjustments due

to rates and assumption changes; presentation of past periods has been conformed to the current

presentation; without this change, Adjusted pre-tax income (loss) would be $16M in Q2’25,

($6M) in Q1’26, and ($5M) in Q2’26, and Adjusted ROE would be 14% in Q2’25,

(4%) in Q1’26, and (3%) in Q2’26; see “Note Regarding Non-GAAP Financial

Measures” above for additional information

Adjusted

Revenue Calculation

(Dollars

in millions)

Q2’26

Q1’26

Q2’25

GAAP

Revenue

283

294

247

Rithm,

MAV, & Other Pledged MSR Reclass

(26 )

(31 )

(30 )

III

Reverse

Reclass

MSR

FV Adjustments Notables

Other

Notables(a)

Adjusted

Revenue [I + II + III + IV + V]

281

278

227

a) Contains

non-routine transactions and other discrete revenue impacts

Condensed

Consolidated Balance Sheets (unaudited)

Assets (Dollars in millions)

June 30,

2026

March 31,

2026

June 30,

2025

Cash and cash equivalents

196.6

182.5

194.3

Restricted cash

196.3

124.7

62.3

Mortgage servicing rights (MSRs), at fair value

3,208.8

3,025.9

2,632.6

Advances, net

369.5

431.1

461.4

Loans held for sale, at fair value

3,601.9

3,150.2

2,048.3

Reverse loans held for sale pooled into Home Equity Conversion Mortgage Backed Securities (HMBS), at fair value

9,596.5

Reverse loans held for investment pooled into HMBS, at fair value

3,640.6

Loans held for investment, at fair value

10,470.8

Receivables, net

233.9

365.0

204.6

Premises and equipment, net

11.0

11.3

9.7

Other assets

365.3

318.2

129.1

Contingent loan repurchase asset

526.4

530.0

318.2

Total Assets

12,350.3

17,735.2

16,531.3

Liabilities, Mezzanine & Stockholders’ Equity (Dollars in millions)

June 30,

2026

March 31,

2026

June 30,

2025

HMBS-related borrowings, at fair value

3,610.9

9,437.4

10,253.1

MSR related financing liabilities, at fair value

729.0

794.6

818.1

MSR financing facilities, net

1,566.1

1,371.0

1,218.6

Advance match funded liabilities

254.7

291.3

342.5

Mortgage warehouse facilities

2,061.7

2,193.0

1,765.6

Reverse mortgage securitization notes, net

1,925.0

1,321.0

429.9

Senior notes, net

693.2

692.8

488.5

Other liabilities

323.5

424.9

365.0

Contingent loan repurchase liability

526.4

530.0

318.2

Total Liabilities

11,690.5

17,056.0

15,999.5

Mezzanine Equity

49.9

Stockholders’ Equity

609.9

629.2

481.9

Total Liabilities, Mezzanine and Stockholders’ Equity

12,350.3

17,735.2

16,531.3

Condensed

Consolidated Statements of Operations (unaudited)

For the Three Months Ended

(Dollars

in millions, except per share data)

June 30, 2026

March 31, 2026

June 30,

2025

Revenue

Servicing and subservicing fees

229.3

222.4

211.3

Gain on reverse loans and HMBS-related borrowings, net

3.8

18.7

11.9

Gain on loans held for sale, net

29.4

34.1

10.4

Other revenue, net

20.4

19.1

13.0

Total revenue

282.9

294.3

246.6

MSR valuation adjustments, net

(70.5 )

(69.0 )

(27.3 )

Operating expenses

Compensation and benefits

69.8

69.7

60.9

Servicing and origination

23.1

18.5

13.0

Technology and communications

17.9

17.5

15.5

Professional services

16.7

14.8

8.4

Occupancy, equipment and mailing

8.2

8.5

8.1

Other expenses

3.3

3.1

3.7

Total operating expenses

139.0

132.2

109.5

Other income (expense)

Interest income

55.5

41.0

32.1

Interest expense

(103.1 )

(82.7 )

(75.6 )

Pledged MSR liability expense

(38.2 )

(42.6 )

(43.0 )

Other, net

(2.7 )

(0.9 )

(0.4 )

Other income (expense), net

(88.5 )

(85.2 )

(87.0 )

Income (loss) before income taxes

(15.1 )

7.9

22.8

Income tax expense (benefit)

(3.2 )

0.3

1.3

Net Income (Loss)

(11.9 )

7.6

21.5

Preferred stock dividend

(1.0 )

Net Income (Loss) attributable to common stockholders

(12.9 )

6.6

20.5

Basic EPS

$ (1.53 )

$ 0.78

$ 2.55

Diluted EPS

$ (1.53 )

$ 0.74

$ 2.40

For

Further Information Contact:

Valerie

Haertel, VP, Investor Relations

(561)

570-2969

shareholderrelations@onitygroup.com

Dico

Akseraylian, SVP, Corporate Communications

(856)

917-0066

mediarelations@onitygroup.com

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v3.26.1

Cover

Aug. 06, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Aug. 06, 2026

Entity File Number

1-13219

Entity Registrant Name

onity

group inc.

Entity Central Index Key

0000873860

Entity Tax Identification Number

65-0039856

Entity Incorporation, State or Country Code

Entity Address, Address Line One

1661

Worthington Road

Entity Address, Address Line Two

Suite 100

Entity Address, City or Town

West

Palm Beach

Entity Address, State or Province

Entity Address, Postal Zip Code

33409

City Area Code

(561)

Local Phone Number

682-8000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common

Stock, $0.01 Par Value

Trading Symbol

ONIT

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

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Area code of city

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Cover page.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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Address Line 1 such as Attn, Building Name, Street Name

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Address Line 2 such as Street or Suite number

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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-Section 12

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Indicate if registrant meets the emerging growth company criteria.

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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-Section 13e

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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Name of the Exchange on which a security is registered.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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