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): January 26, 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 of incorporation) File Number) Identification No.) 1661 Worthington Road, Suite 100 West Palm Beach, Florida 33409 (Address ...

Loan Servicing and Originations - As of September 30, 2025, the company serviced or subserviced 1.4 million loans with a total UPB of $315.5 billion[236]. - In Q3 2025, the company added $24.1 billion of new volume, including $10.9 billion from subservicing additions and $11.9 billion from new Originations production[237]. - The average total servicing and subservicing UPB increased by $4.5 billion or 1.5% during Q3 2025 compared to the prior quarter[240]. - The company serviced all mortgage loan classes, including conventional, government-insured, non-Agency, small-balance commercial, and multi-family loans[236]. - The company's Originations volume growth outpaced the industry, with a 23% increase compared to Q2 2025 and a 53% increase compared to Q3 2024[252]. - The total servicing and subservicing UPB increased by $6.0 billion or 1.9% from June 30, 2025, to September 30, 2025[242]. - The company anticipates continued growth in its servicing and subservicing portfolio through multi-channel originations and MSR bulk acquisitions[299]. - The average servicing fee for owned MSR was 0.29% in Q3'25, consistent with Q2'25, while the average subservicing fee was $173 in Q3'25, up from $170 in Q2'25[297]. - The total UPB of reverse mortgage loans held for investment was $9.585 billion, a 4% decrease from $9.961 billion in the previous quarter but a 22% increase from $7.867 billion year-over-year[336]. - The total servicer advances, net of allowance for losses, reached $435.1 million, compared to $577.2 million as of December 31, 2024[334]. Financial Performance - Net income attributable to common stockholders was $18 million, or $2.19 per share basic and $2.03 diluted[255]. - Total revenue for the three months ended September 30, 2025 increased by $33.7 million, or 14%, compared to the previous quarter, driven by a $16.0 million increase in Servicing revenue and a $17.6 million increase in Originations revenue[260]. - Servicing and subservicing fee revenue reached $217 million, with a total servicing and subservicing UPB of $316 billion[255]. - Total revenue increased to $280.3 million in Q3'25, up from $246.6 million in Q2'25, reflecting a growth of approximately 13.0%[297]. - The company reported a total of $24.5 billion UPB of subserviced loans on behalf of Rithm as of September 30, 2025[333]. - For the nine months ended September 30, 2025, total revenue was $671.4 million, a slight decrease from $672.3 million in the same period of 2024[339]. - The company achieved a 33% increase in total revenue for the nine months ended September 30, 2025, reaching $105.2 million compared to $78.9 million for the same period in 2024[382]. Operating Expenses and Income - Operating expenses for the three months ended September 30, 2025 were $125.8 million, a 15% increase from the previous quarter[267]. - Operating expenses rose to $125.8 million in Q3'25, up from $109.5 million in Q2'25, indicating an increase of about 14.1%[297]. - Compensation and benefits expense for Q3 2025 was $23.4 million, a 2% increase from Q2 2025, while for the nine months ended September 30, 2025, it decreased by $6.3 million or 8% compared to the same period in 2024[356][357]. - Operating expenses for the three months ended September 30, 2025, increased by $2.6 million, or 10%, compared to the previous quarter, primarily due to higher origination expenses and compensation[392]. - Interest expense for the nine months ended September 30, 2025, increased by $16.3 million or 12% compared to the same period in 2024, primarily due to asset growth[367]. Market Conditions and Economic Outlook - The 30-year fixed rate mortgage average declined to 6.58% in Q3 2025, down 20 basis points from the previous quarter[244]. - The industry mortgage origination volume grew 3% quarter over quarter and 16% year over year in Q3 2025, driven by increased refinance activity[251]. - The company expects a 16% increase in loan origination in 2026 compared to 2025, driven by macroeconomic conditions and market dynamics[300]. - The average headcount was 4,249 for the three months ended September 30, 2025, showing a slight increase from 4,240 in the previous quarter[267]. - The effective tax rate for the nine months ended September 30, 2025 was 18.9%, compared to 15.0% for the same period in 2024[278]. Client Relationships and Servicing Agreements - Rithm, a major subservicing client, will not renew its servicing agreements effective January 31, 2026, which accounted for approximately $33.0 billion, or 10% of the total UPB[307][308]. - The servicing transfer to Rithm's platform is expected to occur in the first and second quarters of 2026, involving $8.5 billion of UPB, subject to necessary consents[309]. - Servicing and subservicing fees from Rithm amounted to $60.2 million, or 13% of total fees in the nine months ended September 30, 2025[329]. - Rithm accounted for 55% of all delinquent loans serviced by the company as of September 30, 2025[308][329]. Risk Management and Compliance - The company has received favorable ratings from agencies like Fitch and Moody's, reflecting its growth strategy and effective risk management[327][328]. - The financial performance of the Servicing segment is impacted by changes in the fair value of the MSR portfolio due to market interest rates[319]. - The company believes it is in compliance with Ginnie Mae RBCR requirements after transferring certain GSE MSR investment activities to its subsidiary PAS[428]. - PHH's debt agreements include cross default provisions, and as of September 30, 2025, the company believes it is in compliance with these covenants[429]. Liquidity and Capital Management - Total liquidity was reported at $221 million, with a cash position of $173 million[255]. - The total available committed and uncommitted borrowing capacity was $48.5 million, with $47.9 million from MSR financing facilities[406]. - The company has short-term commitments to lend $2.4 billion related to forward and reverse mortgage loan IRLCs as of September 30, 2025[410]. - Approximately $2.5 billion of debt is due or requires partial repayment within the next 12 months, including $1.5 billion under mortgage loan financing facilities[411]. - The company maintains a high leverage ratio, with $9.9 billion of securitized HECM loans reported on the balance sheet[422].

Financial Performance - Net income attributable to common stockholders reached $18 million, with diluted EPS of $2.03 and ROE of 14%[7] - Adjusted pre-tax income was $31 million, resulting in an annualized adjusted ROE of 25%[7] - Net income attributable to common stockholders for Q3'25 was $18 million, down from $21 million in Q3'24, reflecting a decrease of 14.3% year-over-year[23] - Total revenue for Q3'25 increased to $280.3 million, compared to $265.7 million in Q3'24, representing a growth of 5.2%[26] - Adjusted pre-tax income for Q3'25 was $31 million, consistent with Q3'24, despite notable items impacting the financials[24] - The company's GAAP ROE (after tax) decreased to 14% in Q3'25 from 19% in Q3'24[24] - Basic EPS for Q3'25 was $2.19, down from $2.72 in Q3'24, reflecting a decrease of 19.5%[26] Asset and Liquidity Management - Total liquidity stood at $221 million as of September 30, 2025[8] - Total assets as of September 30, 2025, were $16,107.4 million, compared to $13,226.7 million a year earlier, marking a growth of 21.6%[25] - Cash and cash equivalents decreased to $172.8 million in Q3'25 from $201.6 million in Q3'24, a decline of 14.3%[25] Mortgage Servicing and Originations - Originations volume hit $12 billion, reflecting a 39% year-over-year increase, surpassing the industry growth rate[7] - Average servicing UPB increased to $312 billion, up $7 billion year-over-year[7] - Funded recapture volume rose 1.8 times year-over-year, with a year-to-date refinance recapture rate of 1.9 times the industry average[8] - The company added 9 new subservicing clients year-to-date[8] - Mortgage servicing rights (MSRs) at fair value rose to $2,762.9 million in Q3'25, up from $2,223.6 million in Q3'24, indicating a significant increase of 24.2%[25] - The company reported a total of $45 million in MSR valuation adjustments for Q3'25, compared to $(31.5) million in Q3'24, indicating a negative shift in valuation[26] Future Expectations and Guidance - The company expects to exceed its 2025 adjusted ROE guidance range of 16% - 18%[7] - The company anticipates releasing a significant portion of a $180 million deferred tax asset valuation allowance by year-end 2025[7] - The company plans to recognize changes in fair value due to interest rates for reverse loan buyouts as notable starting Q4'24, which may impact future financial reporting[23] Subservicing Agreements - The Rithm subservicing agreements, representing approximately $33 billion or 10% of total servicing UPB, will not be renewed effective January 31, 2026[9]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: ____________________ to ____________________ Commission File No. 1-13219 Onity Group Inc. (Exact name of registrant as specified in its charter) | Florida | | ...

Exhibit 99.1 Onity Group Inc. ONITY GROUP ANNOUNCES SECOND QUARTER 2025 RESULTS West Palm Beach, FL – (August 5, 2025) – Onity Group Inc. (NYSE: ONIT) ("Onity" or the "Company") today announced its second quarter 2025 results and provided a business update. Second Quarter 2025: 2025 Outlook: "We reported another strong quarter with sustained profitability and steady growth, demonstrating the resilience of our business model, sound strategy and high-caliber execution," said Onity Group Chair, President and C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: ____________________ to ____________________ Commission File No. 1-13219 Onity Group Inc. (Exact name of registrant as specified in its charter) Florida 65-0 ...

Financial Performance - Net income attributable to common stockholders was $21 million, with diluted EPS of $2.50 and ROE of 19%[6] - Adjusted pre-tax income was $25 million, resulting in an annualized adjusted ROE of 22%[6] - Net income attributable to common stockholders for Q1'25 was $21 million, a recovery from a loss of $29 million in Q4'24, but down from $30 million in Q1'24[20] - Adjusted pre-tax income for Q1'25 was $25 million, compared to $11 million in Q4'24 and $15 million in Q1'24[21] - Total revenue for Q1'25 increased to $249.8 million from $224.8 million in Q4'24 and $239.1 million in Q1'24[23] - GAAP ROE (after tax) for Q1'25 was 19%, recovering from a negative 25% in Q4'24, but down from 29% in Q1'24[21] - Basic EPS for Q1'25 was $2.68, compared to a loss of $3.63 in Q4'24 and earnings of $3.91 in Q1'24[23] Asset and Liability Management - Total assets decreased to $16,259.3 million in Q1'25 from $16,435.4 million in Q4'24, while total liabilities also decreased to $15,749.2 million[22] - Cash and cash equivalents decreased to $178 million in Q1'25 from $184.8 million in Q4'24[22] Mortgage Servicing and Originations - Total servicing additions reached $17 billion, with average servicing UPB of $305 billion, up $13 billion year-over-year[6] - Originations volume was $7 billion, up 53% year-over-year, exceeding the industry growth rate of 8%[7] - MSR additions (bulk purchases and originations) amounted to $12 billion, more than doubling year-over-year[7] - Funded recapture volume increased 2.7 times year-over-year, with a refinance recapture rate of 1.6 times the industry average[7] - Mortgage servicing rights (MSRs) at fair value rose to $2,547.4 million in Q1'25, up from $2,466.3 million in Q4'24 and $2,374.7 million in Q1'24[22] Operational Expenses and Settlements - Operating expenses for Q1'25 were $119.9 million, slightly up from $115.6 million in Q4'24 and significantly higher than $104.4 million in Q1'24[23] - The company reported a significant legal and regulatory settlement expense of $14 million in Q1'25, compared to $2 million in Q4'24 and $2 million in Q1'24[20] Future Guidance and Strategy - The company confirmed its previous guidance for 2025 adjusted ROE in the range of 16% - 18%[6] - The company plans to expand high-margin products with the launch of enhanced home equity and proprietary reverse mortgage loans[7] Book Value - Book value per share improved to $58 as of March 31, 2025, an increase of $2.15 year-over-year[6]

Servicing and Subservicing Portfolio - As of December 31, 2024, the servicing and subservicing portfolio consisted of approximately 1.4 million loans with an unpaid principal balance (UPB) of $301.7 billion[24]. - As of December 31, 2024, Rithm accounted for $41.2 billion of UPB, representing 14% of PHH's total servicing and subservicing portfolio, and approximately 63% of all delinquent loans serviced by Onity[55]. - Rithm accounts for $41.2 billion of UPB, representing 14% of the total servicing and subservicing portfolio, and approximately 63% of all delinquent loans serviced as of December 31, 2024[116]. - The five largest geographic concentrations of serviced properties are in California, Texas, Florida, New Jersey, and New York, comprising 39% of the loans serviced, with California alone accounting for 15%[118]. - The five largest concentrations of properties securing residential loans are located in California, Texas, Florida, New Jersey, and New York, comprising 39% of the total loans serviced as of December 31, 2024[118]. Originations Business - In 2024, the Originations business generated total volume additions of $85.6 billion in UPB[33]. - The Originations segment focuses on profitably replenishing and growing servicing and subservicing portfolios through various channels, including retail, correspondent, and wholesale lending[31]. Revenue and Fees - The company earns contractual monthly servicing fees, typically a fixed percentage of UPB, along with ancillary fees such as late fees[25]. - The ability to maintain or grow servicing revenue depends on acquiring servicing rights that exceed portfolio runoff and client terminations[30]. Competition and Market Conditions - The company faces intense competition in the financial services market, particularly from larger banks with lower costs of capital[47]. - The company competes based on price, operating performance, service quality, and customer satisfaction, with recognition from Fannie Mae and Freddie Mac for servicing excellence[48]. - Market conditions, including interest rates, may impact investor demand for MSRs, potentially leading to a loss of subservicing relationships[117]. Regulatory Compliance and Risk Management - Regulatory compliance is a significant focus, with extensive regulations impacting all facets of the business, including licensing and loan originations[40]. - Onity's risk management framework includes policies to identify, assess, monitor, and manage strategic, market, credit, liquidity, and operational risks[88]. - The Chief Risk and Compliance Officer oversees global risk management and compliance programs, reporting to the Board of Directors[89]. - The company actively manages its sources and uses of funds, maintaining contingency funding capacities to address liquidity risk[97]. - Liquidity risk is critical for operations, necessitating adequate levels of excess liquidity to fund business activities during normal and stressed economic conditions[93]. - The company has established internal processes to anticipate future cash needs and continuously monitor fund availability under existing debt arrangements[94]. - Counterparty credit risk exists with third-party originators, and the company mitigates this risk through quality control reviews and monitoring of creditworthiness[114]. Employee Engagement and Corporate Social Responsibility - Employee engagement levels were reported at 85% favorable, indicating strong workforce morale and commitment[70]. - The company had approximately 4,300 employees as of December 31, 2024, with 1,000 in the U.S. and USVI, and 3,300 in India and the Philippines[64]. - Since 2012, Onity has contributed over $28 million to local and national nonprofit organizations to support distressed communities and homeowners[82]. - Onity's charitable events included raising funds for autism and cancer research and supporting local food banks through food drives[83]. - The company has contributed nearly $7 million to nonprofit organizations since the COVID pandemic[82]. Financial Management - Onity prepaid $285 million in senior secured notes due 2027 in November 2024 as part of corporate debt refinancing[62]. - Fitch affirmed PHH's residential servicer ratings and revised the outlook from Positive to Stable for Prime and Subprime products on February 13, 2024[52]. - Onity hosted 42 borrower outreach events across 32 states in partnership with nine HUD certified housing counseling agencies in 2024[81]. - Onity's information security program is designed to safeguard data confidentiality, integrity, and availability, with regular updates to the Board of Directors on security risks[84]. - Onity's operational risk management includes a "Three Lines of Defense" model to ensure effective risk and control management across the organization[99].

Financial Performance - Full-year 2024 net income attributable to common stockholders reached $33 million, the highest since 2013, with diluted EPS of $4.13 and ROE of 8%[5] - Reported net income for FY'24 was $34 million, a significant improvement from a net loss of $64 million in FY'23[19] - Adjusted pre-tax income for FY'24 increased to $90 million, compared to $49 million in FY'23[21] - Total revenue for FY'24 was $976 million, down from $1,066.7 million in FY'23, primarily due to a decrease in servicing and subservicing fees[23] - Adjusted return on equity (ROE) for FY'24 was 20%, up from 10% in FY'23[21] Servicing and Originations - Total servicing additions for 2024 amounted to $86 billion, including $47 billion in subservicing additions[5] - Funded recapture volume for full-year 2024 increased 2.5 times compared to 2023, with fourth quarter 2024 up 4.2 times over fourth quarter 2023[9] - Originations volume for 2024 was $30 billion, a 33% increase compared to 2023, with fourth quarter volume at $10 billion, up 72% year-over-year[9] - Total servicing UPB reached $302 billion at December 31, 2024, an increase of $13 billion from the previous year[9] Assets and Liabilities - Total assets increased to $16,435.4 million in FY'24, compared to $12,513.7 million in FY'23[22] - Corporate debt was reduced by $145 million, resulting in a debt-to-equity ratio of 2.96 to 1[5] - Cash and cash equivalents decreased to $184.8 million in FY'24 from $201.6 million in FY'23[22] Operational Metrics - Adjusted pre-tax income for 2024 was $90 million, resulting in an adjusted ROE of 20%[5] - Operating expenses for FY'24 totaled $436.5 million, an increase from $412.1 million in FY'23[23] - Mortgage servicing rights (MSRs) at fair value rose to $2,466.3 million in FY'24, up from $2,272.2 million in FY'23[22] Recognition and Outlook - The company achieved HUD Tier 1 servicer rating for the fourth consecutive year and was recognized by the 2024 Freddie Mac SHARP program for subservicing[9] - The 2025 outlook includes increased adjusted ROE guidance to 16% - 18%[4] - The company reported a gain on the sale of MAV canopy amounting to $14 million[19] - The company experienced significant legal and regulatory settlement expenses of $8 million in FY'24, compared to a gain of $21 million in FY'23[19] Shareholder Value - Book value per share improved by $4 year-over-year to $56 as of December 31, 2024[5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: ____________________ to ____________________ Commission File No. 1-13219 Onity Group Inc. (Exact name of registrant as specified in its charter) Florida ...