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Onity Group ONIT Servicing — Technology and communications
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Where this comes from
Reported directly by Onity Group in its filing.
Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.
The source filing: Onity Group’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 5:30 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-030753
| Financial information for our segments prepared under GAAP is as follows: / Results of Operations | Financial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / Servicing | Financial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / Originations | Three Months Ended March 31, 2026 / Corporate | Business Segments Consolidated |
|---|---|---|---|---|
| Operating expenses | ||||
| Compensation and benefits | 23.2 | 20.8 | 25.7 | 69.7 |
| Servicing and origination | 15.2 | 3.3 | — | 18.5 |
| Technology and communications | 8.3 | 2.8 | 6.4 | 17.5 |
| Professional services | 7.3 | 0.6 | 6.9 | 14.8 |
| Occupancy, equipment and mailing | 7.2 | 0.8 | 0.5 | 8.5 |
| Corporate overhead allocations | 14.7 | 5.2 | (19.9) | — |
| Other expenses | 0.2 | 1.5 | 1.4 | 3.1 |
ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
FAQ
- What is Onity Group's servicing — technology and communications?
- Onity Group (ONIT) reported servicing — technology and communications of $8.3M in Q1 2026.
- How has Onity Group's servicing — technology and communications changed year-over-year?
- Onity Group's servicing — technology and communications increased by 12.2% year-over-year, from $7.4M to $8.3M.
- What is the long-term trend for Onity Group's servicing — technology and communications?
- Over 4 years (2021 to 2025), Onity Group's servicing — technology and communications has grown at a 6.2% compound annual growth rate (CAGR), from $23.8M to $30.3M.
- What does servicing — technology and communications mean?
- This captures the costs associated with the software, digital platforms, and communication infrastructure required to manage loan servicing operations. As servicing becomes increasingly digitized, this metric reflects the company's investment in automation and operational scalability. It is a key indicator of the company's commitment to maintaining a modern and efficient servicing platform.
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