Onity Group Inc 2025年季度报告

(Mark one) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period endedMarch 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the transition period from: ____________________ to ____________________ Commission File No.1-13219 Onity Group Inc.(Exact name of registrant as specified in its charter) 65-0039856 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 1661 Worthington Road, Suite 100(Address of principal executive office) (Zip Code) (561)682-8000(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registeredNew York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subjectto such filing requirements for the past 90 days.Yesx Noo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yesx Noo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and“emerging growth company” in Rule 12b-2 of the Exchange Act: Large accelerated filerNon-accelerated filer ☐Accelerated filer☒☐Smaller reporting company☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act) Yes☐Nox Number of shares of common stock outstanding as of April28, 2025:8,008,515shares ONITY GROUP INC. CORPORATIONFORM 10-QTABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item 1.Unaudited Consolidated Financial Statements4Consolidated Balance Sheets atMarch31, 2025andDecember31, 20244Consolidated Statements of Operations for theThree Months Ended March 31, 2025and20245Consolidated Statements of Comprehensive Income for theThree Months Ended March 31, 2025and20246Consolidated Statements of Changes in Equity for theThree Months Ended March 31, 2025and20247Consolidated Statements of Cash Flows for theThree Months Ended March 31, 2025and20248Notes to Unaudited Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations46Item 3.Quantitative and Qualitative Disclosures about Market Risk79Item 4.Controls and Procedures81 PART II - OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 6.ExhibitsSignatures FORWARD-LOOKING STATEMENTS This Quarterly Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in thisreport, including statements regarding our financial position, business strategy and other plans and objectives for our future operations, areforward-looking statements. Forward-looking statements may be identified by a reference to a future period or by the use of forward-looking terminology. Forward-looking statements are typically identified by words such as “expect”, “believe”, “foresee”, “anticipate”, “intend”, “estimate”, “goal”,“strategy”, “plan”, “target” and “project” or conditional verbs such as “will”, “may”, “should”, “could” or “would” or the negative of theseterms, although not all forward-looking statements contain these words. Forward-looking statements by their nature address matters that are, todifferent degrees, uncertain. Readers should bear these factors in mind when considering forward-looking statements and should not placeundue reliance on such statements. Forward-looking statements involve a number of assumptions, risks and uncertainties that could causeactual results to differ materially from those suggested by such statements. In the past, actual results have differed from those suggested byforward-looking statements and this may happen again. Important factors that could cause actual results to differ include, but are not limited to,the risks discussed under Part I, Item 1A, Risk Factors of our Annual Report on Form 10-K for the year ended December3