Onity Group Inc 2024年度报告

UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION WashingtonDC20549 FORM10K ANNUALREPORTPURSUANTTOSECTION13OR15dOFTHESECURITIESEXCHANGEACTOF1934 ForthefiscalyearendedDecember312024 OR TRANSITIONREPORTPURSUANTTOSECTION13OR15dOFTHESECURITIESEXCHANGEACTOF1934Forthetransitionperiodfromto CommissionFileNo113219 OnityGroupInc Exactnameofregistrantasspecifiedinitscharter Florida650039856 StateorotherjurisdictionofincorporationororganizationIRSEmployerIdentificationNo 1661WorthingtonRoadSuite100 WestPalmBeachFlorida33409 AddressofprincipalexecutiveofficeZipCode 5616828000 RegistrantstelephonenumberincludingareacodeSecuritiesregisteredpursuanttoSection12boftheAct Titleofeachclass TradingSymbols Nameofeachexchangeonwhichregistered CommonStock001ParValue ONIT NewYorkStockExchange SecuritiesregisteredpursuanttoSection12goftheActNotapplicable IndicatebycheckmarkiftheregistrantisawellknownseasonedissuerasdefinedinRule405oftheSecuritiesActYesNoIndicatebycheckmarkiftheregistrantisnotrequiredtofilereportspursuanttoSection13orSection15doftheActYesNoIndicatebycheckmarkwhethertheregistrant1hasfiledallreportsrequiredtobefiledbySection13or15doftheSecurities ExchangeActof1934duringthepreceding12monthsorforsuchshorterperiodthattheregistrantwasrequiredtofilesuchreports and2hasbeensubjecttosuchfilingrequirementsforthepast90daysYesNo IndicatebycheckmarkwhethertheregistranthassubmittedelectronicallyeveryInteractiveDataFilerequiredtobesubmittedpursuanttoRule405ofRegulationST232405ofthischapterduringthepreceding12monthsorforsuchshorterperiodthattheregistrantwasrequiredtosubmitsuchfilesYesNo IndicatebycheckmarkwhethertheregistrantisalargeacceleratedfileranacceleratedfileranonacceleratedfilerasmallerreportingcompanyoremerginggrowthcompanySeethedefinitionsof“largeacceleratedfiler”“acceleratedfiler”“smallerreportingcompany”and“emerginggrowthcompany”inRule12b2oftheExchangeAct LargeAcceleratedfilerAcceleratedfiler NonacceleratedfilerSmallerreportingcompany EmerginggrowthcompanyIfanemerginggrowthcompanyindicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection13aoftheExchangeAct IndicatebycheckmarkwhethertheregistranthasfiledareportonandattestationtoitsmanagementsassessmentoftheeffectivenessofitsinternalcontroloverfinancialreportingunderSection404boftheSarbanesOxleyAct15USC7262bbytheregisteredpublicaccountingfirmthatpreparedorissueditsauditreport IfsecuritiesareregisteredpursuanttoSection12boftheActindicatebycheckmarkwhetherthefinancialstatementsoftheregistrantincludedinthefilingreflectthecorrectionofanerrortopreviouslyissuedfinancialstatements Indicatebycheckmarkwhetheranyofthoseerrorcorrectionsarerestatementsthatrequiredarecoveryanalysisofincentivebasedcompensationreceivedbyanyoftheregistrantsexecutiveofficersduringtherelevantrecoveryperiodpursuantto24010D1b IndicatebycheckmarkwhethertheregistrantisashellcompanyasdefinedinRule12b2oftheActYesNo AggregatemarketvalueofthevotingandnonvotingcommonequityoftheregistrantheldbynonaffiliatesasofJune302024 174631880 NumberofsharesofcommonstockoutstandingasofFebruary1420257873053shares DocumentsincorporatedbyreferencePortionsofourdefinitiveProxyStatementwithrespecttoourAnnualMeetingofShareholderswhichwillbefiledwiththeSecuritiesandExchangeCommissionwithin120daysaftertheendofourfiscalyearendedDecember312024areincorporatedbyreferenceintoPartIIIItems1014 ONITYGROUPINCCORPORATION 2024FORM10KANNUALREPORTTABLEOFCONTENTS PAGE PARTI Item1 Business 4 Item1A RiskFactors 16 Item1B UnresolvedStaffComments 43 Item1C Cybersecurity 44 Item2 Properties 45 Item3 LegalProceedings 46 Item4 MineSafetyDisclosures 46 PARTII Item5MarketforRegistrantsCommonEquityRelatedStockholderMattersandIssuerPurchasesofEquity Securities 46 Item6 Reserved 48 Item7 ManagementsDiscussionandAnalysisofFinancialConditionandResultsofOperations 48 Item7A QuantitativeandQualitativeDisclosuresaboutMarketRisk 85 Item8 FinancialStatementsandSupplementaryData 87 Item9 ChangesinandDisagreementswithAccountantsonAccountingandFinancialDisclosure 88 Item9A ControlsandProcedures 88 Item9B OtherInformation 88 Item9C DisclosureRegardingForeignJurisdictionsthatPreventInspections 88 PARTIII Item10 DirectorsExecutiveOfficersandCorporateGovernance 89 Item11 ExecutiveCompensation 89 Item12 SecurityOwnershipofCertainBeneficialOwnersandManagementandRelatedStockholderMatters 89 Item13 CertainRelationshipsandRelatedTransactionsandDirectorIndependence 89 Item14 PrincipalAccountantFeesandServices 89 PARTIV Item15ExhibitsandFinancialStatementSchedules89 Item16Form10KSummary92 Signatures93 FORWARDLOOKINGSTATEMENTS ThisAnnualReportcontainsforwardlookingstatementswithinthemeaningofSection27AoftheSecuritiesActof1933asamendedandSection21EoftheSecuritiesExchangeActof1934asamendedAllstatementsotherthanstatementsofhistoricalfactincludedinthisreportincludingstatementsregardingourfinancialpositionbusinessstrategyandotherplansandobjectivesforourfutureoperationsareforwar