Onity Group Inc. ( (ONIT) ) has released its Q2 earnings. Here is a breakdown of the information Onity Group Inc. presented to its investors.
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Onity Group Inc. is a leading non-bank financial services company specializing in mortgage servicing and originations through its primary brands, PHH Mortgage and Liberty Reverse Mortgage, with operations in the United States and internationally.
Onity Group Inc. reported its second quarter 2025 earnings, showcasing strong financial performance with a net income of $20 million and a diluted EPS of $2.40. The company highlighted a significant increase in originations volume by 35% year-over-year, surpassing the industry growth rate.
Key financial metrics for the quarter included an adjusted pre-tax income of $16 million and a book value per share increase to $60. The company’s servicing portfolio also grew, with an average servicing UPB of $307 billion. Additionally, Onity’s effective MSR hedge strategy minimized fair value volatility, and Fitch Ratings upgraded its residential primary servicer ratings.
Looking ahead, Onity Group Inc. confirmed its 2025 guidance, expecting an adjusted ROE range of 16% to 18%. The company remains optimistic about its ability to release a deferred tax valuation allowance by year-end 2025, signaling a positive outlook for future financial performance.