Earnings ·
Onity Group Inc. reported a net loss attributable to common stockholders of $13 million for the second quarter ended…
ONITOnity Group Inc.
Onity Group Inc. reported a net loss attributable to common stockholders of $13 million for the second quarter ended June 30, 2026, resulting in diluted EPS of ($1.53). The loss included $9 million in pre-tax costs related to a reverse asset sale and legacy subservicing transfer, alongside $24 million in unfavorable asset fair value changes. Adjusted pre-tax income was $14 million, yielding an annualized adjusted ROE of 9%. Total revenue reached $283 million, up 15% year-over-year, while servicing additions totaled $42 billion, including a quarterly record origination volume of over $15 billion. The company sold approximately 80% of its reverse MSRs for net proceeds of roughly $77 million and repurchased 141,343 shares for $5.8 million in the quarter. Onity Group Inc. operates as a leading non-bank financial services company delivering mortgage servicing and originations solutions.