ONITY GROUP INC. Files 8-K on Financials and Operations

Ticker: ONIT · Form: 8-K · Filed: Oct 21, 2024 · CIK: 873860

Onity Group Inc. 8-K Filing Summary
FieldDetail
CompanyOnity Group Inc. (ONIT)
Form Type8-K
Filed DateOct 21, 2024
Risk Levellow
Pages6
Reading Time7 min
Key Dollar Amounts$0.01, $3.6 million, $475,000,000
Sentimentneutral

Sentiment: neutral

Topics: financial-condition, operations, 8-k

TL;DR

ONITY GROUP INC. dropped an 8-K detailing financial results and other key events.

AI Summary

On October 21, 2024, ONITY GROUP INC. filed an 8-K report. The filing primarily concerns the company's results of operations and financial condition, along with other events and financial statements. The company is incorporated in Florida and its fiscal year ends on December 31.

Why It Matters

This 8-K filing provides crucial updates on ONITY GROUP INC.'s financial performance and operational status, which can influence investor decisions and market perception.

Risk Assessment

Risk Level: low — This is a standard 8-K filing reporting on financial condition and operations, with no immediate indication of significant adverse events.

Key Players & Entities

  • ONITY GROUP INC. (company) — Registrant
  • Florida (location) — State of incorporation
  • 1-13219 (other) — Commission File Number
  • 65-0039856 (other) — IRS Employer Identification No.
  • 1661 Worthington Road (address) — Business and Mail Address

FAQ

What is the primary purpose of this 8-K filing for ONITY GROUP INC.?

The primary purpose is to report on the company's Results of Operations and Financial Condition, as well as Other Events and Financial Statements and Exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on October 21, 2024.

In which state is ONITY GROUP INC. incorporated?

ONITY GROUP INC. is incorporated in Florida.

What is the fiscal year end for ONITY GROUP INC.?

The fiscal year end for ONITY GROUP INC. is December 31.

What was ONITY GROUP INC.'s former company name?

ONITY GROUP INC. was formerly known as OCWEN FINANCIAL CORP.

Filing Stats: 1,791 words · 7 min read · ~6 pages · Grade level 13.4 · Accepted 2024-10-21 07:18:07

Key Financial Figures

  • $0.01 — nge on which registered Common Stock, $0.01 Par Value ONIT New York Stock Excha
  • $3.6 million — ng the third quarter 2024 resulted in a $3.6 million increase in adjusted pre-tax income com
  • $475,000,000 — one of its subsidiaries plans to offer $475,000,000 aggregate principal amount of its senio

Filing Documents

SIGNATURES

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: October 21, 2024 By: /s/ Sean B. O'Neil Sean B. O'Neil Chief Financial Officer

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