Real Estate & Home

Onity Group cuts 2026 ROE outlook as servicing losses weigh on Q1

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Onity Group reported a first-quarter 2026 net income of $7 million, down from $21 million the previous year, due to mortgage rate volatility and higher FHA delinquencies. This development is significant for tech professionals as it highlights the challenges in the housing market affecting financial performance despite revenue growth. Investors should watch for further regulatory changes impacting mortgage servicing rights.

Read the full article at HousingWire

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