On the Record · Onity
Onity acquisitions, on the record
The businesses Onity bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
MSR Asset Vehicle LLC (MAV) MSR portfolio salesWord for word“During 2023 and 2022, MAV has exercised these rights to sell MSRs with a book value (at the time of sale) of approximately $80 million and $120 million, respectively, or approximately 12% and 20% of the portfolio.” 10-K for 2023 | agreed divestiture | During 2023 and 2022 | approximately $80 million and $120 million, respectively |
MAV CanopyWord for word“On November 27, 2024, Onity sold to Oaktree its 15% equity interest in MAV Canopy.” 10-K for 2024 | divestiture | On November 27, 2024 | — |
HECM loans and HMBS-related borrowings and other assets from MAMWord for word“On November 1, 2024, we completed the acquisition of $2.9 billion UPB of HECM loans along with HMBS-related borrowings and other assets from MAM that we subserviced.” 10-K for 2024 | acquisition | On November 1, 2024 | $2.9 billion UPB |
HECM loan portfolio and HMBS related borrowings sold to Finance of America Reverse LLC (FAR)Word for word“In November 2025, PHH agreed to sell at book value its HECM loan portfolio and HMBS related borrowings to Finance of America Reverse LLC (“FAR”) and subservice the sold portfolio and additional loans from FAR for an initial three-year term.” 10-K for 2025 | agreed divestiture | In November 2025 | at book value |
MAV Canopy (15% interest)Word for word“Upon the sale of our 15% interest in MAV Canopy in November 2024, PHH and MAV amended the Subservicing Agreement to provide that PHH will have the right to be the exclusive subservicer for an initial term of five years (subject to certain extensions) of all MSRs that MAV currently owns, for all future MSRs that MAV acquires from PHH, and for the majority of MAV’s MSR portfolio overall, as defined.” 10-K for 2025 | divestiture | November 2024 | — |
reverse portfolio from WaterfallWord for word“Second, Gain on reverse loans and HMBS-related borrowings, net increased $17.9 million driven by portfolio fair value gains in a declining market interest rate environment and the growth of the portfolio with the acquisition of the reverse portfolio from Waterfall in the fourth quarter of 2024.” 10-K for 2025 | acquisition | in the fourth quarter of 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2019-12-31 | $0 |
| 2020-12-31 | $0 |
| 2021-12-31 | $5.3 million |
Deal filings since 2016
- 2026-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-12-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Onity’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.