| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 172,800 | 194,300 | ||
| Restricted cash (31.4 and 29.1 related to variable interest entities (vies)) | 98,400 | 62,300 | ||
| Mortgage servicing rights (msrs), at fair value | 2,762,900 | 2,632,600 | ||
| Advances, net (346.0 and 481.8 related to vies) | 435,100 | 461,400 | ||
| Loans held for sale, at fair value (678.6 and 575.4 related to vies) | 1,915,600 | 2,048,300 | ||
| Loans held for investment, at fair value | 10,117,400 | 10,470,800 | ||
| Receivables, net (37.6 and 31.9 related to vies) | 167,400 | 204,600 | ||
| Premises and equipment, net | 9,800 | 9,700 | ||
| Reo (58.3 and 39.4 related to vies) | 64,400 | - | ||
| Prepaid expenses (including prepaid lender fees) | 22,100 | - | ||
| Derivatives, at fair value - see note 15 | 18,300 | - | ||
| Deferred tax assets, net | 3,700 | - | ||
| Intangible assets, net (net of accumulated amortization of 13.7 million and 13.1 million) | 2,700 | - | ||
| Derivative margin deposit | 1,600 | - | ||
| Prepaid representation, warranty and indemnification claims - agency msr sale | 0 | - | ||
| Other | 6,700 | - | ||
| Other assets | 119,400 | 129,100 | ||
| Contingent loan repurchase asset | 308,400 | 318,200 | ||
| Total assets | 16,107,400 | 16,531,300 | ||
| Home equity conversion mortgage-backed securities (hmbs) related borrowings, at fair value | 9,924,600 | 10,253,100 | ||
| Other financing liabilities, at fair value (307.1 and 322.7 due to related party) | 822,000 | 818,100 | ||
| Advance match funded liabilities (320.1 and 416.5 related to vies) | 320,600 | 342,500 | ||
| Mortgage loan financing facilities, net (613.9 and 481.9 related to vies) | 2,062,300 | 2,195,500 | ||
| Msr financing facilities, net | 1,223,200 | 1,218,600 | ||
| Senior notes, net | 489,000 | 488,500 | ||
| Other liabilities (27.5 and 28.0 carried at fair value) | 406,000 | 365,000 | ||
| Contingent loan repurchase liability | 308,400 | 318,200 | ||
| Total liabilities | 15,556,100 | 15,999,500 | ||
| Temporary equity, par value | 49,900 | 49,900 | ||
| Common stock, 0.01 par value 13,333,333 shares authorized 8,058,874 and 7,873,053 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 100 | 100 | ||
| Additional paid-in capital | 555,200 | 554,500 | ||
| Accumulated deficit | -55,300 | -74,000 | ||
| Accumulated other comprehensive income, net of income taxes | 1,400 | 1,300 | ||
| Total stockholders equity | 501,400 | 481,900 | ||
| Total liabilities, mezzanine equity and stockholders equity | 16,107,400 | 16,531,300 | ||
ONITY GROUP INC. (ONIT)
ONITY GROUP INC. (ONIT)