Stratrix
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

BusinessDealWhenValue
MSR Asset Vehicle LLC (MAV) MSR portfolio sales
Word 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 divestitureDuring 2023 and 2022approximately $80 million and $120 million, respectively
MAV Canopy
Word for word“On November 27, 2024, Onity sold to Oaktree its 15% equity interest in MAV Canopy.” 10-K for 2024
divestitureOn November 27, 2024—
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
divestitureNovember 2024—
reverse portfolio from Waterfall
Word 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
acquisitionin the fourth quarter of 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash 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

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.