Onity Group Inc.

Onity Group reported record quarterly funded originations of $15.5 billion in the second quarter of 2026, up 64% year over year, while transaction costs and unfavorable fair-value adjustments contributed to a net loss. Revenue rose 24% from a year earlier, and origination margins improved to 26 basis points. The net loss included approximately $33 million in pre-tax costs tied to the reverse asset sale to Finance of America and the transfer of legacy subservicing to Rithm. Management expects full-year 2026 adjusted return on equity at the low end of its 10% to 15% guidance range amid geopolitical, inflationary and market pressures. The company also completed a $10 million share repurchase and has an additional $20 million buyback authorization in place.