Onity Group ONIT NEW YORK — Advances, gross
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Where this comes from
Reported directly by Onity Group in its filing.
Tagged under the XBRL concept onit:AdvancesPaymentsOnBehalfOfBorrowerGross.
The official record: Onity Group’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Onity Group's NEW YORK — advances, gross?
- Onity Group (ONIT) reported NEW YORK — advances, gross of $24.6M in Q1 2026.
- How has Onity Group's NEW YORK — advances, gross changed year-over-year?
- Onity Group's NEW YORK — advances, gross decreased by 21.2% year-over-year, from $31.2M to $24.6M.
- What does NEW YORK — advances, gross mean?
- This metric measures the total gross amount of funds advanced by the servicer on behalf of borrowers to cover delinquent principal, interest, taxes, and insurance payments within the New York region. It reflects the servicer's obligation to maintain cash flow to mortgage-backed security investors despite borrower defaults. High levels of gross advances indicate increased liquidity pressure and potential credit risk exposure within this specific geographic market.