Onity Group Inc. Files Q1 2025 10-Q
Ticker: ONIT · Form: 10-Q · Filed: Apr 30, 2025 · CIK: 873860
| Field | Detail |
|---|---|
| Company | Onity Group Inc. (ONIT) |
| Form Type | 10-Q |
| Filed Date | Apr 30, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, mortgage
TL;DR
ONITY GROUP INC. (formerly OCWEN) filed its Q1 2025 10-Q. Financials updated.
AI Summary
Onity Group Inc. filed its quarterly report for the period ending March 31, 2025. The company, formerly known as Ocwen Financial Corp, is based in West Palm Beach, Florida, and operates in the mortgage bankers and loan correspondents sector. The filing includes data related to variable interest entities and affiliated entities as of March 31, 2025, and December 31, 2024.
Why It Matters
This filing provides investors with an update on Onity Group Inc.'s financial position and operations for the first quarter of 2025, including details on its variable interest entities.
Risk Assessment
Risk Level: low — This is a standard quarterly filing providing financial updates and does not indicate any immediate or significant risks.
Key Numbers
- Q1 2025 — Reporting Period (The company is reporting its financial performance for the first quarter of 2025.)
- 1231 — Fiscal Year End (The company's fiscal year concludes on December 31st.)
Key Players & Entities
- ONITY GROUP INC. (company) — Filer
- OCWEN FINANCIAL CORP (company) — Former company name
- 20250331 (date) — Reporting period end date
- 20250430 (date) — Filing date
- WEST PALM BEACH, FL (location) — Company address
FAQ
What is the primary business of Onity Group Inc.?
Onity Group Inc. operates in the Mortgage Bankers & Loan Correspondents sector, as indicated by its SIC code [6162].
When was Onity Group Inc. formerly known as Ocwen Financial Corp?
The company was formerly known as Ocwen Financial Corp, with name changes noted on March 1, 2011, February 24, 2011, and May 16, 1996.
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is March 31, 2025.
Where is Onity Group Inc. located?
The company's business and mailing address is 1661 Worthington Road, Suite 100, West Palm Beach, FL 33409.
What is the SEC file number for Onity Group Inc.?
The SEC file number for Onity Group Inc. is 001-13219.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 30, 2025 regarding ONITY GROUP INC. (ONIT).