$ONIT
ONITY GROUP INC. Stock $onit

$onit Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000162828024046004 Filed on November 07, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$265.7M
YoY Change		3.99%
Cost Of Revenue		$11.10M
YoY Change		-28.39%
Gross Profit		$254.6M
YoY Change		6.08%
Gross Profit Margin		95.82%
Selling, General & Admin		$97.90M
YoY Change		8.78%
% of Gross Profit		38.45%
Research & Development		$13.20M
YoY Change		0.76%
% of Gross Profit		5.18%
Depreciation & Amortization		$1.900M
YoY Change		26.67%
% of Gross Profit		0.75%
Operating Expenses		$132.8M
YoY Change		913.74%
Operating Profit		$121.8M
YoY Change		-46.32%
Interest Expense		-$48.90M
YoY Change		-165.81%
% of Operating Profit		-40.15%
Other Income/Expense, Net		-$45.60M
YoY Change		-61.9%
Pretax Income		$27.60M
YoY Change		190.53%
Income Tax		$6.300M
% Of Pretax Income		22.83%
Net Earnings		$21.40M
YoY Change		151.76%
Net Earnings / Revenue		8.05%
Basic Earnings Per Share		$2.72
Diluted Earnings Per Share		$2.65
COMMON SHARES
Basic Shares Outstanding	7.868M shares	7.845M shares
Diluted Shares Outstanding		8.055M shares

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$201.6M
YoY Change		3.92%
Cash & Equivalents	$184.8M	$201.6M
Short-Term Investments
Other Short-Term Assets		$27.90M
YoY Change		-21.41%
Inventory
Prepaid Expenses
Receivables		$172.2M
Other Receivables		$0.00
Total Short-Term Assets		$373.8M
YoY Change		-5.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.00M	$11.70M
YoY Change	-16.03%	-27.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$30.60M
YoY Change		-37.3%
Other Assets		$78.50M
YoY Change		5.65%
Total Long-Term Assets		$12.85B
YoY Change		1.87%
TOTAL ASSETS
Total Short-Term Assets		$373.8M
Total Long-Term Assets		$12.85B
Total Assets	$16.44B	$13.23B
YoY Change	31.34%	1.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$112.0M
YoY Change		18.64%
Accrued Expenses		$99.70M
YoY Change		6.97%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities		$211.7M
YoY Change		12.85%
LONG-TERM LIABILITIES
Long-Term Debt		$12.03B
YoY Change		0.87%
Other Long-Term Liabilities		$726.8M
YoY Change		60.94%
Total Long-Term Liabilities		$12.76B
YoY Change		3.07%
TOTAL LIABILITIES
Total Short-Term Liabilities		$211.7M
Total Long-Term Liabilities		$12.76B
Total Liabilities	$15.94B	$12.76B
YoY Change	31.63%	1.53%
SHAREHOLDERS EQUITY
Retained Earnings	-$117.6M	-$89.60M
YoY Change	-22.43%	-14.01%
Common Stock	$100.0K	$100.0K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$442.9M	$468.2M
YoY Change
Total Liabilities & Shareholders Equity	$16.44B	$13.23B
YoY Change	31.34%	1.65%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		$21.40M
YoY Change		151.76%
Depreciation, Depletion And Amortization		$1.900M
YoY Change		26.67%
Cash From Operating Activities		$19.10M
YoY Change		-94.94%
INVESTING ACTIVITIES
Capital Expenditures		$52.80M
YoY Change		40.05%
Acquisitions
YoY Change
Other Investing Activities		$138.6M
YoY Change		734.94%
Cash From Investing Activities		$85.80M
YoY Change		-506.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-74.20M
YoY Change		-82.45%
NET CHANGE
Cash From Operating Activities		19.10M
Cash From Investing Activities		85.80M
Cash From Financing Activities		-74.20M
Net Change In Cash		30.70M
YoY Change		-146.1%
FREE CASH FLOW
Cash From Operating Activities		$19.10M
Capital Expenditures		$52.80M
Free Cash Flow		-$33.70M
YoY Change		-109.92%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Entity Central Index Key EntityCentralIndexKey	0000873860
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Transition Report DocumentTransitionReport	false
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1900000	usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	65-0039856
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1661 Worthington Road, Suite 100
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33409
	dei	Entity Address City Or Town EntityAddressCityOrTown	West Palm Beach,
	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
	dei	City Area Code CityAreaCode	561
	dei	Local Phone Number LocalPhoneNumber	682-8000
	dei	Security12b Title Security12bTitle	Common Stock, $0.01 Par Value
	dei	Trading Symbol TradingSymbol	ONIT
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7868458	shares
CY2024Q3	us-gaap	Cash Cash	201600000	usd
CY2023Q4	us-gaap	Cash Cash	201600000	usd
CY2024Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	78500000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	53500000	usd
CY2024Q3	us-gaap	Servicing Asset ServicingAsset	2223600000	usd
CY2023Q4	us-gaap	Servicing Asset ServicingAsset	2272200000	usd
CY2024Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1195500000	usd
CY2023Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	674200000	usd
CY2024Q3	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	1197700000	usd
CY2023Q4	us-gaap	Loans Receivable Held For Sale Net Not Part Of Disposal Group LoansReceivableHeldForSaleNetNotPartOfDisposalGroup	677300000	usd
CY2024Q3	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	8331500000	usd
CY2023Q4	us-gaap	Loans Receivable Fair Value Disclosure LoansReceivableFairValueDisclosure	7975500000	usd
CY2024Q3	us-gaap	Other Receivables OtherReceivables	172200000	usd
CY2023Q4	us-gaap	Other Receivables OtherReceivables	154800000	usd
CY2024Q3	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	30600000	usd
CY2023Q4	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	37800000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	13100000	usd
CY2024Q3	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	10400000	usd
CY2023Q4	us-gaap	Other Assets Fair Value Disclosure OtherAssetsFairValueDisclosure	22000000.0	usd
CY2024Q3	us-gaap	Other Assets OtherAssets	95800000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	106200000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	445100000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	401800000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2900000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1400000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	468200000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	456700000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
	us-gaap	Other Expenses OtherExpenses	14700000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	320800000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	308400000	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	25900000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	64500000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	60200000	usd
CY2024Q3	us-gaap	Interest Expense InterestExpense	74200000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
CY2024Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	800000	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2800000	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	636100000	usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	806200000	usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	767000000.0	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	54700000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	71100000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	219800000	usd
	dei	Entity File Number EntityFileNumber	1-13219
	dei	Entity Registrant Name EntityRegistrantName	Onity Group Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	FL
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11700000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	12111900000	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	13333333	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7684401	shares
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-151600000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1200000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	401800000	usd
CY2023Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	237800000	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	626500000	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	us-gaap	Revenues Revenues	789400000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	75800000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	168100000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	171400000	usd
CY2023Q3	onit	Servicing And Origination ServicingAndOrigination	15500000	usd
	onit	Servicing And Origination ServicingAndOrigination	40000000.0	usd
	onit	Servicing And Origination ServicingAndOrigination	48800000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	38900000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	39500000	usd
	onit	Professional Fees Income ProfessionalFeesIncome	40100000	usd
CY2023Q3	us-gaap	Occupancy Net OccupancyNet	7700000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	41900000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	53200000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10000000.0	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	29600000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	24000000.0	usd
CY2023Q3	us-gaap	Revenues Revenues	255500000	usd
CY2023Q4	onit	Advances Advances	678800000	usd
CY2023Q4	onit	Loan Repurchase Asset LoanRepurchaseAsset	343000000.0	usd
CY2023Q4	us-gaap	Assets Assets	12513700000	usd
CY2023Q4	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7797300000	usd
CY2023Q4	onit	Other Financing Liabilities OtherFinancingLiabilities	900000000.0	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
CY2023Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	76500000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	133300000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	219800000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6700000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1800000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1300000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6700000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1900000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-119700000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-281700000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-359200000	usd
CY2023Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	9500000	usd
	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	72900000	usd
	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-12500000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1000000.0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10900000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3800000	usd
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	us-gaap	Net Income Loss NetIncomeLoss	62000000.0	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
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	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.95
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.13
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.74
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.13
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7797974	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8060078	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8006981	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7621569	shares
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	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	0	usd
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	onit	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	68700000	usd
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CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	280100000	usd
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	onit	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	-1300000	usd
	onit	Recognitionof Lease Liability RecognitionofLeaseLiability	-1300000	usd
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	onit	Servicing Asset At Fair Value Derecognition ServicingAssetAtFairValueDerecognition	32500000	usd
	onit	Servicing Asset At Fair Value Pledged Financing Liability Derecognition ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition	32500000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	194000000.0	usd
CY2023Q3	onit	Debt Service Accounts DebtServiceAccounts	29700000	usd
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	42200000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	265900000	usd
	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	11521000000	usd
	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	9233900000	usd
CY2023Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	31000000.0	usd
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	114000000.0	usd
	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	86200000	usd
CY2023Q3	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	4000000.0	usd
	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	7600000	usd
	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	11100000	usd
CY2023Q3	onit	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	4646000000	usd
	onit	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	11627400000	usd
	onit	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	9309000000	usd
	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	163900000	usd
CY2023Q3	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	71400000	usd
	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	134000000.0	usd
CY2023Q4	onit	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	46810100000	usd
CY2023Q4	onit	Maximum Exposure To Loss MaximumExposureToLoss	47545600000	usd
CY2023	onit	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.028
CY2023Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2024Q3	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2023Q4	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2024Q2	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	559500000	usd
	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	22100000	usd
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	158600000	usd
	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	155000000.0	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	626500000	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	onit	Servicing And Subservicing Fees Owned Msr ServicingAndSubservicingFeesOwnedMSR	507600000	usd
	onit	Servicing And Subservicing Fees Owned Msr ServicingAndSubservicingFeesOwnedMSR	461500000	usd
	onit	Servicing And Subservicing Fees Transferred Msr ServicingAndSubservicingFeesTransferredMSR	118900000	usd
	onit	Servicing And Subservicing Fees Transferred Msr ServicingAndSubservicingFeesTransferredMSR	246100000	usd
CY2023Q3	onit	Ancillary Fees Transferred Msr AncillaryFeesTransferredMSR	5700000	usd
	onit	Ancillary Fees Transferred Msr AncillaryFeesTransferredMSR	16100000	usd
CY2024Q3	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	10100000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	21600000	usd
CY2024Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4200000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	5000000.0	usd
CY2024Q3	us-gaap	Other Assets OtherAssets	95800000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	106200000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	13333333	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7868458	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7868458	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7684401	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	100000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	100000	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	557400000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	554500000	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-89600000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	200000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	468200000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13226700000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12513700000	usd
CY2024Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	211100000	usd
CY2024Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	18000000.0	usd
CY2023Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
CY2024Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	25800000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10800000	usd
CY2024Q3	us-gaap	Revenues Revenues	265700000	usd
	us-gaap	Revenues Revenues	751200000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	31500000	usd
CY2024Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	59500000	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	55700000	usd
CY2024Q3	onit	Servicing And Origination ServicingAndOrigination	11100000	usd
CY2024Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13200000	usd
CY2023Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13100000	usd
CY2024Q3	onit	Professional Fees Income ProfessionalFeesIncome	17300000	usd
CY2023Q3	onit	Professional Fees Income ProfessionalFeesIncome	13500000	usd
	onit	Professional Fees Income ProfessionalFeesIncome	9900000	usd
CY2024Q3	us-gaap	Occupancy Net OccupancyNet	7900000	usd
	us-gaap	Occupancy Net OccupancyNet	23100000	usd
	us-gaap	Occupancy Net OccupancyNet	24200000	usd
CY2024Q3	us-gaap	Other Expenses OtherExpenses	3400000	usd
CY2024Q3	onit	Advances Advances	522700000	usd
CY2024Q3	onit	Loan Repurchase Asset LoanRepurchaseAsset	360900000	usd
CY2024Q3	us-gaap	Assets Assets	13226700000	usd
CY2024Q3	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	8132500000	usd
CY2024Q3	onit	Other Financing Liabilities OtherFinancingLiabilities	826200000	usd
CY2024Q3	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	377200000	usd
CY2023Q4	us-gaap	Transfers Accounted For As Secured Borrowings Associated Liabilities Carrying Amount TransfersAccountedForAsSecuredBorrowingsAssociatedLiabilitiesCarryingAmount	499700000	usd
CY2024Q3	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	1355900000	usd
CY2023Q4	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	710600000	usd
CY2024Q3	us-gaap	Line Of Credit LineOfCredit	804800000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	916200000	usd
CY2024Q3	us-gaap	Senior Notes SeniorNotes	535100000	usd
CY2023Q4	us-gaap	Senior Notes SeniorNotes	595800000	usd
CY2024Q3	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	14100000	usd
CY2023Q4	us-gaap	Other Liabilities Fair Value Disclosure OtherLiabilitiesFairValueDisclosure	7200000	usd
CY2024Q3	us-gaap	Other Liabilities OtherLiabilities	366000000.0	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	349300000	usd
CY2024Q3	onit	Contingent Loan Repurchase Liability ContingentLoanRepurchaseLiability	360900000	usd
CY2023Q4	onit	Contingent Loan Repurchase Liability ContingentLoanRepurchaseLiability	343000000.0	usd
CY2024Q3	us-gaap	Liabilities Liabilities	12758500000	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q3	us-gaap	Other Expenses OtherExpenses	4600000	usd
	us-gaap	Other Expenses OtherExpenses	10600000	usd
CY2024Q3	us-gaap	Costs And Expenses CostsAndExpenses	112400000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	110000000.0	usd
CY2024Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	24500000	usd
	us-gaap	Interest Expense InterestExpense	214600000	usd
CY2024Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	42300000	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	300000	usd
CY2024Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3300000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-94100000	usd
CY2024Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	27600000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6300000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	21400000	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.72
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7860572	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8055393	shares
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	21400000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	0	usd
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-1400000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	0	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	21400000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	446200000	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	500000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	100000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	468200000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	433800000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2800000	usd
	us-gaap	Net Income Loss NetIncomeLoss	62000000.0	usd
	us-gaap	Net Income Loss NetIncomeLoss	62000000.0	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4600000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	100000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	445100000	usd
	us-gaap	Profit Loss ProfitLoss	62000000.0	usd
	us-gaap	Profit Loss ProfitLoss	-16200000	usd
	onit	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	130100000	usd
	onit	Msr Valuation Adjustment Net Increase Decrease MSRValuationAdjustmentNetIncreaseDecrease	204500000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	20500000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	20000000.0	usd
	onit	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	1400000	usd
	onit	Provision For Reversal Of Representation And Warranty Obligations ProvisionForReversalOfRepresentationAndWarrantyObligations	4000000.0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	26700000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	12000000.0	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2300000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1800000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	5700000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	6800000	usd
	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	31100000	usd
	us-gaap	Increase Decrease In Other Financial Instruments Used In Operating Activities IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities	10600000	usd
	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	53200000	usd
	us-gaap	Increase Decrease In Mortgage Loans Held For Sale IncreaseDecreaseInMortgageLoansHeldForSale	36300000	usd
	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	12265700000	usd
	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	9830500000	usd
	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	11645600000	usd
	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	9341800000	usd
	onit	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-140900000	usd
	onit	Increase Decrease In Advances And Transfers Accounted For As Secured Borrowings Advances IncreaseDecreaseInAdvancesAndTransfersAccountedForAsSecuredBorrowingsAdvances	-147700000	usd
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-23500000	usd
	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-32900000	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	48800000	usd
	us-gaap	Increase Decrease In Derivative Assets And Liabilities IncreaseDecreaseInDerivativeAssetsAndLiabilities	80800000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	6200000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-64700000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-24300000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-9800000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-355800000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-271400000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	804900000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	771800000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	938100000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	808100000	usd
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	114800000	usd
	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	89600000	usd
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	193900000	usd
	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	200000	usd
	onit	Acquisition Of Advances In Connection With Msr Transactions AcquisitionOfAdvancesInConnectionWithMSRTransactions	300000	usd
	onit	Acquisition Of Advances In Connection With Msr Transactions AcquisitionOfAdvancesInConnectionWithMSRTransactions	0	usd
	onit	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	10200000	usd
	onit	Proceeds From Sale Of Advances ProceedsFromSaleOfAdvances	6100000	usd
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	32900000	usd
	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	18000000.0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	300000	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	7100000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	214200000	usd
	onit	Repayment Of Proceeds From Transfers Accounted For As Secured Borrowings Associated Liabilities RepaymentOfProceedsFromTransfersAccountedForAsSecuredBorrowingsAssociatedLiabilities	122500000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	916200000	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	68500000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	6200000	usd
	onit	Proceeds From Sale Of Mortgage Servicing Rights Accounted For As Financing ProceedsFromSaleOfMortgageServicingRightsAccountedForAsFinancing	22800000	usd
	onit	Proceeds From Excess Servicing Spread Financing ProceedsFromExcessServicingSpreadFinancing	0	usd
	onit	Proceeds From Sale Of Finance Receivables Accounted For As Financing ProceedsFromSaleOfFinanceReceivablesAccountedForAsFinancing	792300000	usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	922800000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	166600000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	25000000.0	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	255100000	usd
	onit	Recognitionof Gross Rightofuse Asset RecognitionofGrossRightofuseAsset	2500000	usd
	onit	Recognitionof Lease Liability RecognitionofLeaseLiability	2500000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	2900000	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	15500000	usd
	onit	Servicing Asset At Fair Value Derecognition ServicingAssetAtFairValueDerecognition	85700000	usd
	onit	Servicing Asset At Fair Value Pledged Financing Liability Derecognition ServicingAssetAtFairValuePledgedFinancingLiabilityDerecognition	85700000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	201600000	usd
CY2024Q3	onit	Debt Service Accounts DebtServiceAccounts	35800000	usd
CY2024Q3	us-gaap	Restricted Cash RestrictedCash	42700000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	280100000	usd
CY2024Q3	dei	Entity Number Of Employees EntityNumberOfEmployees	4300	numberofemployees
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates and Assumptions</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires that management make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Such estimates and assumptions include, but are not limited to, those that relate to fair value measurements, income taxes and the provision for losses that may arise from contingencies including litigation proceedings. In developing estimates and assumptions, management uses all available information; however, actual results could materially differ from those estimates and assumptions.</span></div>
	onit	Average Periodto Securitization AveragePeriodtoSecuritization	P30D
CY2024Q3	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	4712900000	usd
CY2023Q3	us-gaap	Proceeds From Securitizations Of Loans Held For Sale ProceedsFromSecuritizationsOfLoansHeldForSale	4619000000	usd
CY2024Q3	us-gaap	Cash Flows Between Transferee And Transferor Servicing Fees CashFlowsBetweenTransfereeAndTransferorServicingFees	35500000	usd
CY2024Q3	us-gaap	Cash Flows Between Transferee And Transferor Purchases Of Previously Transferred Financial Assets CashFlowsBetweenTransfereeAndTransferorPurchasesOfPreviouslyTransferredFinancialAssets	1400000	usd
CY2024Q3	onit	Cash Flows Between Transferor And Transferee Proceeds And Payment Related To Transfers Accounted For Sales CashFlowsBetweenTransferorAndTransfereeProceedsAndPaymentRelatedToTransfersAccountedForSales	4747100000	usd
CY2024Q3	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	61600000	usd
CY2024Q3	onit	Unpaid Principal Balance Of Loans Transferred UnpaidPrincipalBalanceOfLoansTransferred	45658400000	usd
CY2024Q3	onit	Maximum Exposure To Loss MaximumExposureToLoss	46365800000	usd
	onit	Percentage Of Loan Transferred Through Securitization Sixty Days Or More Past Due PercentageOfLoanTransferredThroughSecuritizationSixtyDaysOrMorePastDue	0.028
CY2024Q3	us-gaap	Financing Receivable Threshold Period Past Due FinancingReceivableThresholdPeriodPastDue	P60D
CY2024Q3	onit	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInPrepaymentSpeedPercent	0.008
CY2024Q3	onit	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Prepayment Speed Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInPrepaymentSpeedPercent	0.017
CY2024Q3	us-gaap	Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Prepayment Speed SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInPrepaymentSpeed	60400000	usd
CY2024Q3	us-gaap	Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Prepayment Speed SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInPrepaymentSpeed	118300000	usd
CY2024Q3	onit	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of10 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf10PercentAdverseChangeInDiscountRatePercent	0.009
CY2024Q3	onit	Sensitivity Analysis Of Fair Value Transferors Interests In Transferred Financial Assets Impact Of20 Percent Adverse Change In Discount Rate Percent SensitivityAnalysisOfFairValueTransferorsInterestsInTransferredFinancialAssetsImpactOf20PercentAdverseChangeInDiscountRatePercent	0.019
CY2024Q3	us-gaap	Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of10 Percent Adverse Change In Discount Rate SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf10PercentAdverseChangeInDiscountRate	68700000	usd
CY2024Q3	us-gaap	Sensitivity Analysis Of Fair Value Of Interests Continued To Be Held By Transferor Servicing Assets Or Liabilities Impact Of20 Percent Adverse Change In Discount Rate SensitivityAnalysisOfFairValueOfInterestsContinuedToBeHeldByTransferorServicingAssetsOrLiabilitiesImpactOf20PercentAdverseChangeInDiscountRate	132300000	usd
CY2024Q3	onit	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	1283600000	usd
CY2023Q3	onit	Principal Amount Outstanding On Loans Held For Sale PrincipalAmountOutstandingOnLoansHeldForSale	678800000	usd
CY2024Q3	onit	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	-89500000	usd
CY2023Q3	onit	Premium Discount Balance On Loans Held For Sale PremiumDiscountBalanceOnLoansHeldForSale	-2400000	usd
CY2024Q3	onit	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	1400000	usd
CY2023Q3	onit	Fair Value Adjustment To Loans Held For Sale FairValueAdjustmentToLoansHeldForSale	-2200000	usd
CY2024Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1195500000	usd
CY2023Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	674200000	usd
CY2024Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1195500000	usd
CY2023Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	674200000	usd
CY2024Q2	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1103900000	usd
CY2023Q2	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1352900000	usd
CY2023Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	674200000	usd
CY2022Q4	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	617800000	usd
CY2024Q3	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	4856200000	usd
CY2023Q3	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	4418000000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	12265600000	usd
	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	9830300000	usd
CY2024Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	4733800000	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	4697900000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	11571200000	usd
	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	9273600000	usd
CY2024Q3	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	23500000	usd
CY2023Q3	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	19600000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	74100000	usd
	us-gaap	Proceeds From Loan And Lease Originations And Principal Collections1 ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1	66600000	usd
CY2024Q3	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	1000000.0	usd
CY2023Q3	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	1500000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	2900000	usd
	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	4600000	usd
CY2024Q3	onit	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-9200000	usd
CY2023Q3	onit	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-11500000	usd
	onit	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-27400000	usd
	onit	Transfer Of Portfolio Loans To Receivables TransferOfPortfolioLoansToReceivables	-26000000.0	usd
CY2024Q3	onit	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	8200000	usd
CY2023Q3	onit	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	3600000	usd
	onit	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	15500000	usd
	onit	Transfer Of Portfolio Loans To Real Estate Owned TransferOfPortfolioLoansToRealEstateOwned	14800000	usd
CY2024Q3	onit	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	2100000	usd
CY2023Q3	onit	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	1300000	usd
	onit	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	7000000.0	usd
	onit	Capitalization Of Advances On Ginnie Mae Modifications CapitalizationOfAdvancesOnGinnieMaeModifications	5000000.0	usd
CY2024Q3	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-100000	usd
CY2023Q3	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-93900000	usd
	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-82300000	usd
	us-gaap	Increase Decrease In Loans Held For Sale IncreaseDecreaseInLoansHeldForSale	-135000000.0	usd
CY2024Q3	onit	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	7200000	usd
CY2023Q3	onit	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	-2500000	usd
	onit	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	16400000	usd
	onit	Other Adjustment Mortgage Loans Held For Sale OtherAdjustmentMortgageLoansHeldForSale	3000000.0	usd
CY2024Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1195500000	usd
CY2023Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	944700000	usd
CY2024Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	1195500000	usd
CY2023Q3	us-gaap	Loans Held For Sale Fair Value Disclosure LoansHeldForSaleFairValueDisclosure	944700000	usd
CY2024Q3	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	61600000	usd
CY2023Q3	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	71400000	usd
	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	163900000	usd
	onit	Servicing Assets Additions Recognizedfrom Securitization Trusts Related To Transfers Accounted For As Sales ServicingAssetsAdditionsRecognizedfromSecuritizationTrustsRelatedToTransfersAccountedForAsSales	134000000.0	usd
CY2024Q3	onit	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	7800000	usd
CY2023Q3	onit	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	-4100000	usd
	onit	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	4400000	usd
	onit	Change In Fair Value Of Mortgage Loans Held For Sale ChangeInFairValueOfMortgageLoansHeldForSale	5000000.0	usd
CY2024Q3	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	61400000	usd
CY2023Q3	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-22500000	usd
	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	81700000	usd
	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-1000000.0	usd
CY2024Q3	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	-36000000.0	usd
CY2023Q3	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	34100000	usd
	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	-26300000	usd
	us-gaap	Gain Loss On Fair Value Hedges Recognized In Earnings GainLossOnFairValueHedgesRecognizedInEarnings	38900000	usd
CY2024Q3	onit	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	1100000	usd
CY2023Q3	onit	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	-2700000	usd
	onit	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	-400000	usd
	onit	Gain Loss On Interest Rate Derivative Instruments GainLossOnInterestRateDerivativeInstruments	-200000	usd
CY2024Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-800000	usd
CY2023Q3	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-700000	usd
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-1700000	usd
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-1300000	usd
CY2024Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	25800000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	53200000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Unpaid Principal LoansHeldForInvestmentReverseMortgagesUnpaidPrincipal	7927300000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages Unpaid Principal LoansHeldForInvestmentReverseMortgagesUnpaidPrincipal	7664700000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Fair Value Adjustment LoansHeldForInvestmentReverseMortgagesFairValueAdjustment	399000000.0	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages Fair Value Adjustment LoansHeldForInvestmentReverseMortgagesFairValueAdjustment	305300000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8326300000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7970000000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	8214400000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7868500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	111900000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	101500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8326300000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7970000000	usd
CY2024Q2	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8222400000	usd
CY2024Q2	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	8035400000	usd
CY2023Q2	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7674800000	usd
CY2023Q2	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7486400000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	284700000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	264400000	usd
CY2024Q3	onit	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	284600000	usd
CY2023Q3	onit	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	281300000	usd
CY2024Q3	onit	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	2200000	usd
CY2023Q3	onit	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	900000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	338800000	usd
CY2024Q3	onit	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	334800000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	280000000.0	usd
CY2023Q3	onit	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	277300000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	1000000.0	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	1500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	500000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	600000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	200000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	0	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Other LoansHeldForInvestmentReverseMortgagesOther	2700000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	162400000	usd
CY2024Q3	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-145000000.0	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	120600000	usd
CY2023Q3	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-122400000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8326300000	usd
CY2024Q3	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	8132500000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2023Q3	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7613600000	usd
CY2023Q4	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7970000000	usd
CY2023Q4	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7797300000	usd
CY2022Q4	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7504100000	usd
CY2022Q4	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7326800000	usd
	onit	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	804900000	usd
	onit	Loans Held For Investment Reverse Mortgages Originations LoansHeldForInvestmentReverseMortgagesOriginations	771800000	usd
	onit	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	792300000	usd
	onit	Hmbs Related Borrowings Securitization HMBSRelatedBorrowingsSecuritization	783700000	usd
	onit	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	8600000	usd
	onit	Hmbs Related Borrowings Additional Proceeds From Securitization Of Hecm Loans And Tails HMBSRelatedBorrowingsAdditionalProceedsFromSecuritizationOfHECMLoansAndTails	7100000	usd
	onit	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	937700000	usd
	onit	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	922800000	usd
	onit	Loans Held For Investment Reverse Mortgages Repayments LoansHeldForInvestmentReverseMortgagesRepayments	807300000	usd
	onit	Hmbs Related Borrowings Repayments HMBSRelatedBorrowingsRepayments	802400000	usd
	onit	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	2900000	usd
	onit	Loans Held For Investment Reverse Mortgages Loans Held For Sale At Fair Value LoansHeldForInvestmentReverseMortgagesLoansHeldForSaleAtFairValue	4600000	usd
	onit	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	1900000	usd
	onit	Loans Held For Investment Reverse Mortgages Receivables Net LoansHeldForInvestmentReverseMortgagesReceivablesNet	2600000	usd
	onit	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	200000	usd
	onit	Loans Held For Investment Reverse Mortgages Real Estate Owned LoansHeldForInvestmentReverseMortgagesRealEstateOwned	100000	usd
	onit	Loans Held For Investment Reverse Mortgages Other LoansHeldForInvestmentReverseMortgagesOther	2700000	usd
	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	496800000	usd
	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-457100000	usd
	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	316300000	usd
	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-298500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8326300000	usd
CY2024Q3	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	8132500000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2023Q3	onit	Home Equity Conversion Mortgage Backed Securities Related Borrowings At Fair Value HomeEquityConversionMortgageBackedSecuritiesRelatedBorrowingsAtFairValue	7613600000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	8214400000	usd
CY2024Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	8132500000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Securitized Loans LoansHeldForInvestmentReverseMortgagesSecuritizedLoans	7671100000	usd
CY2023Q3	us-gaap	Principal Amount Outstanding On Loans Securitized PrincipalAmountOutstandingOnLoansSecuritized	7613600000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	111900000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Un Securitized Loans LoansHeldForInvestmentReverseMortgagesUnSecuritizedLoans	106500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	8326300000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages LoansHeldForInvestmentReverseMortgages	7777600000	usd
CY2024Q3	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	5500000	usd
CY2023Q3	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	4400000	usd
	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	16500000	usd
	us-gaap	Gain Loss On Securitization Of Financial Assets GainLossOnSecuritizationOfFinancialAssets	13900000	usd
CY2024Q3	onit	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	6200000	usd
CY2023Q3	onit	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	5900000	usd
	onit	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	18200000	usd
	onit	Net Interest Income Servicing Fee NetInterestIncomeServicingFee	17700000	usd
CY2024Q3	onit	Loands Held For Investment Reverse Mortgage Other Change In Fair Value LoandsHeldForInvestmentReverseMortgageOtherChangeInFairValue	5700000	usd
CY2023Q3	onit	Loands Held For Investment Reverse Mortgage Other Change In Fair Value LoandsHeldForInvestmentReverseMortgageOtherChangeInFairValue	-12000000.0	usd
	onit	Loands Held For Investment Reverse Mortgage Other Change In Fair Value LoandsHeldForInvestmentReverseMortgageOtherChangeInFairValue	5000000.0	usd
	onit	Loands Held For Investment Reverse Mortgage Other Change In Fair Value LoandsHeldForInvestmentReverseMortgageOtherChangeInFairValue	-13800000	usd
CY2024Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	17300000	usd
CY2023Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	-1700000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	39700000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	17800000	usd
CY2024Q3	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	700000	usd
CY2023Q3	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	1300000	usd
	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	2200000	usd
	us-gaap	Interest And Fee Income Other Loans InterestAndFeeIncomeOtherLoans	3700000	usd
CY2024Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	18000000.0	usd
CY2023Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	41900000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
CY2024Q3	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	162400000	usd
CY2023Q3	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	120600000	usd
	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	496800000	usd
	onit	Loans Held For Investment Reverse Mortgages Fair Value Changes LoansHeldForInvestmentReverseMortgagesFairValueChanges	316300000	usd
CY2024Q3	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-145000000.0	usd
CY2023Q3	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-122400000	usd
	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-457100000	usd
	onit	Hmbs Related Borrowings Change In Fair Value HMBSRelatedBorrowingsChangeInFairValue	-298500000	usd
CY2024Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	17300000	usd
CY2023Q3	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	-1700000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	39700000	usd
	us-gaap	Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarnings	17800000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	531100000	usd
CY2023Q4	onit	Advances Payments On Behalf Of Borrower Gross AdvancesPaymentsOnBehalfOfBorrowerGross	686100000	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	8400000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7300000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	522700000	usd
CY2023Q4	onit	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	678800000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	522700000	usd
CY2023Q4	onit	Advances Payments On Behalf Of Borrower Net Of Valuation Allowance AdvancesPaymentsOnBehalfOfBorrowerNetOfValuationAllowance	678800000	usd
CY2023Q2	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	610000000.0	usd
CY2023Q4	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	686100000	usd
CY2022Q4	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	725100000	usd
CY2024Q3	onit	Advances Paymentson Behalfof Borrower Asset Acquisitions AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions	300000	usd
CY2023Q3	onit	Advances Paymentson Behalfof Borrower Asset Acquisitions AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions	0	usd
	onit	Advances Paymentson Behalfof Borrower Asset Acquisitions AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions	300000	usd
	onit	Advances Paymentson Behalfof Borrower Asset Acquisitions AdvancesPaymentsonBehalfofBorrowerAssetAcquisitions	0	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	196300000	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	145600000	usd
	onit	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	599900000	usd
	onit	Advances Payments On Behalf Of Borrower Increase AdvancesPaymentsOnBehalfOfBorrowerIncrease	480900000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	-2000000.0	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	300000	usd
	onit	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	-7000000.0	usd
	onit	Advances Payments On Behalf Of Borrower Transfers To Other Assets AdvancesPaymentsOnBehalfOfBorrowerTransfersToOtherAssets	-10800000	usd
CY2024Q3	onit	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	700000	usd
CY2023Q3	onit	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	800000	usd
	onit	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	10000000.0	usd
	onit	Advances Paymentson Behalfof Borrower Sales AdvancesPaymentsonBehalfofBorrowerSales	5700000	usd
CY2024Q3	onit	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	226300000	usd
CY2023Q3	onit	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	182600000	usd
	onit	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	752200000	usd
	onit	Advances Paymentson Behalfof Borrowers Collection Of Advances Charge Offs And Other Net AdvancesPaymentsonBehalfofBorrowersCollectionOfAdvancesChargeOffsAndOtherNet	639300000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	531100000	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	571800000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	531100000	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Before Allowance For Losses AdvancesPaymentsOnBehalfOfBorrowerBeforeAllowanceForLosses	571800000	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	8900000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7400000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7300000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	6200000	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	2200000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	2000000.0	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	9300000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	6600000	usd
CY2024Q3	onit	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	2700000	usd
CY2023Q3	onit	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	2100000	usd
	onit	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	8200000	usd
	onit	Financing Receivable Allowance For Credit Loss Writeoffs And Other FinancingReceivableAllowanceForCreditLossWriteoffsAndOther	5500000	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	8400000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7200000	usd
CY2024Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	8400000	usd
CY2023Q3	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	7200000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	522700000	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	564600000	usd
CY2024Q3	onit	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	522700000	usd
CY2023Q3	onit	Advances Payments On Behalf Of Borrower Net AdvancesPaymentsOnBehalfOfBorrowerNet	564600000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2223600000	usd
CY2024Q3	onit	Assets Serviced AssetsServiced	159500000000	usd
CY2023Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2272200000	usd
CY2023Q4	onit	Assets Serviced AssetsServiced	169700000000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2223600000	usd
CY2024Q3	onit	Assets Serviced AssetsServiced	159500000000	usd
CY2023Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2272200000	usd
CY2023Q4	onit	Assets Serviced AssetsServiced	169700000000	usd
CY2024Q3	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.069
CY2023Q4	us-gaap	Financing Receivable Percent Past Due1 FinancingReceivablePercentPastDue1	0.075
CY2024Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2327700000	usd
CY2023Q2	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2675700000	usd
CY2023Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2272200000	usd
CY2022Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2665200000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	108800000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	209700000	usd
	us-gaap	Servicing Asset At Fair Value Disposals ServicingAssetAtFairValueDisposals	0	usd
CY2024Q3	onit	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	61600000	usd
CY2023Q3	onit	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	71400000	usd
	onit	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	163900000	usd
	onit	Servicing Assets At Fair Value Additions Recognized From Mortgage Sales ServicingAssetsAtFairValueAdditionsRecognizedFromMortgageSales	134000000.0	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	53400000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	35700000	usd
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	115300000	usd
	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	79800000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-100000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	0	usd
	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-87100000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	-32600000	usd
CY2024Q3	onit	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	6100000	usd
	onit	Servicing Assets At Fair Value Net Additions Sales Recognized ServicingAssetsAtFairValueNetAdditionsSalesRecognized	-17600000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	53000000.0	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-137700000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-141400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions	-190900000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	57300000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	60700000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	172500000	usd
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	177500000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	110300000	usd
	us-gaap	Servicing Asset At Fair Value Period Increase Decrease ServicingAssetAtFairValuePeriodIncreaseDecrease	31100000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2223600000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	2223600000	usd
CY2024Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	91900000	usd
CY2023Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	82000000.0	usd
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	274000000.0	usd
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	261400000	usd
CY2024Q3	onit	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	26700000	usd
CY2023Q3	onit	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	17400000	usd
	onit	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	81000000.0	usd
	onit	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	55400000	usd
	onit	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	6100000	usd
	onit	Contractually Specified Subservicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedSubservicingFeesCollectedOnBehalfOfCounterparty	5800000	usd
	onit	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	49900000	usd
	onit	Contractually Specified Servicing Fees Collected On Behalf Of Counterparty ContractuallySpecifiedServicingFeesCollectedOnBehalfOfCounterparty	49100000	usd
	onit	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	56900000	usd
	onit	Servicing Fee Collected On Behalf Of Counterparty ServicingFeeCollectedOnBehalfOfCounterparty	180900000	usd
CY2024Q3	onit	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	154000000.0	usd
CY2023Q3	onit	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	180700000	usd
	onit	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	467900000	usd
	onit	Contractually Specified Servicing And Subservicing Fees Amount Total ContractuallySpecifiedServicingAndSubservicingFeesAmountTotal	552600000	usd
CY2024Q3	onit	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	35400000	usd
CY2023Q3	onit	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	31500000	usd
	onit	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	94500000	usd
	onit	Float Earnings Earned In Exchange For Servicing Financial Assets FloatEarningsEarnedInExchangeForServicingFinancialAssets	77900000	usd
CY2024Q3	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	8800000	usd
CY2023Q3	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	9800000	usd
	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	25500000	usd
	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	28800000	usd
CY2024Q3	onit	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	5200000	usd
CY2023Q3	onit	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	8100000	usd
	onit	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	18100000	usd
	onit	Reverse Subservicing Ancillary Income ReverseSubservicingAncillaryIncome	26100000	usd
CY2024Q3	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	7700000	usd
CY2023Q3	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	7600000	usd
	us-gaap	Ancillary Fee Income Generated By Servicing Financial Assets Amount AncillaryFeeIncomeGeneratedByServicingFinancialAssetsAmount	20600000	usd
CY2024Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	57100000	usd
CY2023Q3	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	57100000	usd
CY2024Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	211100000	usd
CY2023Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	237800000	usd
CY2024Q3	onit	Servicing And Subservicing Fees Owned Msr ServicingAndSubservicingFeesOwnedMSR	173500000	usd
CY2023Q3	onit	Servicing And Subservicing Fees Owned Msr ServicingAndSubservicingFeesOwnedMSR	152800000	usd
CY2024Q3	onit	Servicing And Subservicing Fees Transferred Msr ServicingAndSubservicingFeesTransferredMSR	37600000	usd
CY2023Q3	onit	Servicing And Subservicing Fees Transferred Msr ServicingAndSubservicingFeesTransferredMSR	85000000.0	usd
CY2024Q3	onit	Ancillary Fees Transferred Msr AncillaryFeesTransferredMSR	4400000	usd
	onit	Ancillary Fees Transferred Msr AncillaryFeesTransferredMSR	12100000	usd
CY2024Q3	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	2430000000	usd
CY2023Q4	us-gaap	Fair Value Disclosure Offbalance Sheet Risks Amount Asset FairValueDisclosureOffbalanceSheetRisksAmountAsset	1560000000	usd
CY2024Q3	onit	Other Financing Liabilities OtherFinancingLiabilities	826200000	usd
CY2023Q4	onit	Other Financing Liabilities OtherFinancingLiabilities	900000000.0	usd
CY2024Q3	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	33200000	usd
CY2023Q3	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	79300000	usd
CY2024Q3	onit	Bank Servicing Fees Retained BankServicingFeesRetained	-6500000	usd
CY2023Q3	onit	Bank Servicing Fees Retained BankServicingFeesRetained	-19600000	usd
CY2024Q3	onit	Ancillary And Other Settlement AncillaryAndOtherSettlement	2800000	usd
CY2023Q3	onit	Ancillary And Other Settlement AncillaryAndOtherSettlement	3200000	usd
CY2024Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	42300000	usd
CY2023Q3	us-gaap	Financing Interest Expense FinancingInterestExpense	76500000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	106800000	usd
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	230000000.0	usd
	onit	Bank Servicing Fees Retained BankServicingFeesRetained	-20400000	usd
	onit	Bank Servicing Fees Retained BankServicingFeesRetained	-58100000	usd
	onit	Ancillary And Other Settlement AncillaryAndOtherSettlement	8000000.0	usd
	onit	Ancillary And Other Settlement AncillaryAndOtherSettlement	9900000	usd
	us-gaap	Financing Interest Expense FinancingInterestExpense	133300000	usd
CY2022Q2	onit	Servicing Agreement Renewal Term ServicingAgreementRenewalTerm	P1Y
CY2024Q3	onit	Number Of Subservicers NumberOfSubservicers	3	subservicer
CY2024Q3	onit	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	-110300000	usd
CY2023Q3	onit	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	77000000.0	usd
	onit	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	-31100000	usd
	onit	Total Msr Reserve Fair Value Gains Losses TotalMSRReserveFairValueGainsLosses	13700000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	31500000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	75800000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
CY2024Q3	onit	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	63200000	usd
CY2023Q4	onit	Servicing Receivable Government Insured Loan Claims Reverse ServicingReceivableGovernmentInsuredLoanClaimsReverse	64500000	usd
CY2024Q3	onit	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	34200000	usd
CY2023Q4	onit	Servicing Receivable Government Insured Loan Claims ServicingReceivableGovernmentInsuredLoanClaims	43600000	usd
CY2024Q3	onit	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	20100000	usd
CY2023Q4	onit	Servicing Receivable Due From Custodial Accounts ServicingReceivableDueFromCustodialAccounts	13800000	usd
CY2024Q3	onit	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	16900000	usd
CY2023Q4	onit	Receivables From Sale Of Mortgage Servicing Rights ReceivablesFromSaleOfMortgageServicingRights	5100000	usd
CY2024Q3	onit	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	15700000	usd
CY2023Q4	onit	Subservicing Fees And Reimbursable Expenses SubservicingFeesAndReimbursableExpenses	14300000	usd
CY2024Q3	onit	Subservicing Fees And Reimbursable Expenses Due From Mav SubservicingFeesAndReimbursableExpensesDueFromMAV	2200000	usd
CY2023Q4	onit	Subservicing Fees And Reimbursable Expenses Due From Mav SubservicingFeesAndReimbursableExpensesDueFromMAV	3400000	usd
CY2024Q3	onit	Servicing Receivable Other ServicingReceivableOther	6500000	usd
CY2023Q4	onit	Servicing Receivable Other ServicingReceivableOther	4500000	usd
CY2024Q3	onit	Servicing Receivable Net ServicingReceivableNet	158800000	usd
CY2023Q4	onit	Servicing Receivable Net ServicingReceivableNet	149200000	usd
CY2024Q3	us-gaap	Income Tax Receivable IncomeTaxReceivable	28200000	usd
CY2023Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	27100000	usd
CY2024Q3	onit	Other Receivables Net OtherReceivablesNet	4900000	usd
CY2023Q4	onit	Other Receivables Net OtherReceivablesNet	3600000	usd
CY2024Q3	onit	Other Receivables Gross OtherReceivablesGross	191900000	usd
CY2023Q4	onit	Other Receivables Gross OtherReceivablesGross	179900000	usd
CY2024Q3	onit	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	19700000	usd
CY2023Q4	onit	Other Receivables Allowance For Losses OtherReceivablesAllowanceForLosses	25100000	usd
CY2024Q3	us-gaap	Other Receivables OtherReceivables	172200000	usd
CY2023Q4	us-gaap	Other Receivables OtherReceivables	154800000	usd
CY2024Q3	onit	Subservicing Asset Net Asset Value SubservicingAssetNetAssetValue	9900000	usd
CY2024Q3	us-gaap	Other Real Estate OtherRealEstate	44400000	usd
CY2023Q4	us-gaap	Other Real Estate OtherRealEstate	18300000	usd
CY2024Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	22900000	usd
CY2023Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	34300000	usd
CY2024Q3	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2023Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	5000000.0	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	12400000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	10100000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4000000.0	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6200000	usd
CY2024Q3	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3400000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3100000	usd
CY2024Q3	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	1800000	usd
CY2023Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	12800000	usd
CY2024Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	41100000	usd
CY2023Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	21000000.0	usd
CY2024Q3	us-gaap	Senior Notes SeniorNotes	535100000	usd
CY2023Q4	us-gaap	Senior Notes SeniorNotes	595800000	usd
CY2024Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	61400000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	67500000	usd
CY2024Q3	onit	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	57200000	usd
CY2023Q4	onit	Remittance Of Advances And Servicing Fees RemittanceOfAdvancesAndServicingFees	50300000	usd
CY2024Q3	onit	Checks Held For Escheat ChecksHeldForEscheat	55200000	usd
CY2023Q4	onit	Checks Held For Escheat ChecksHeldForEscheat	52000000.0	usd
CY2024Q3	onit	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	54800000	usd
CY2023Q4	onit	Due To Servicing And Subservicing Investors DueToServicingAndSubservicingInvestors	48400000	usd
CY2024Q3	onit	Indemnification Obligations Liability IndemnificationObligationsLiability	33500000	usd
CY2023Q4	onit	Indemnification Obligations Liability IndemnificationObligationsLiability	35500000	usd
CY2024Q3	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	16300000	usd
CY2023Q4	us-gaap	Litigation Reserve Noncurrent LitigationReserveNoncurrent	8300000	usd
CY2024Q3	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	13900000	usd
CY2023Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	7000000.0	usd
CY2024Q3	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	13100000	usd
CY2023Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	12200000	usd
CY2024Q3	us-gaap	Interest Payable Current InterestPayableCurrent	12100000	usd
CY2023Q4	us-gaap	Interest Payable Current InterestPayableCurrent	14300000	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	9900000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	10200000	usd
CY2024Q3	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	9400000	usd
CY2023Q4	us-gaap	Hedged Liability Fair Value Hedge HedgedLiabilityFairValueHedge	10700000	usd
CY2024Q3	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	7800000	usd
CY2023Q4	us-gaap	Other Postretirement Defined Benefit Plan Liabilities Noncurrent OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent	9200000	usd
CY2024Q3	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	7800000	usd
CY2023Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	8200000	usd
CY2024Q3	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5200000	usd
CY2023Q4	us-gaap	Loss Contingency Accrual Product Liability Net LossContingencyAccrualProductLiabilityNet	5000000.0	usd
CY2024Q3	onit	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	4300000	usd
CY2023Q4	onit	Servicing Assets Purchase Price Holdback ServicingAssetsPurchasePriceHoldback	3800000	usd
CY2024Q3	onit	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	1800000	usd
CY2023Q4	onit	Excess Servicing Fees Spread Payable ExcessServicingFeesSpreadPayable	3600000	usd
CY2024Q3	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	2300000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	3200000	usd
CY2024Q3	us-gaap	Other Liabilities OtherLiabilities	366000000.0	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	349300000	usd
CY2024Q3	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	3171100000	usd
CY2024Q3	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	10100000	usd
CY2023Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	3978700000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	21600000	usd
CY2024Q3	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	1764300000	usd
CY2024Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	13900000	usd
CY2023Q4	us-gaap	Derivative Liability Notional Amount DerivativeLiabilityNotionalAmount	920200000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	7000000.0	usd
CY2024Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	19400000	usd
CY2023Q3	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-37300000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-76700000	usd
	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	-81300000	usd
CY2023Q1	onit	Interest Rate Risk Change In Interest Rate InterestRateRiskChangeInInterestRate	0.0050
CY2024Q3	us-gaap	Interest Expense InterestExpense	74200000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
	us-gaap	Interest Expense InterestExpense	214600000	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	21400000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
	us-gaap	Net Income Loss NetIncomeLoss	62000000.0	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7860572	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7797974	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.72
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.10
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	7.95
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.13
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	21400000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	8500000	usd
	us-gaap	Net Income Loss NetIncomeLoss	62000000.0	usd
	us-gaap	Net Income Loss NetIncomeLoss	-16200000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7860572	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7677008	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7797974	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7621569	shares
CY2024Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	47066	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	174712	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	39788	shares
	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0	shares
CY2024Q3	onit	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	147755	shares
CY2023Q3	onit	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	208358	shares
	onit	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	169219	shares
	onit	Incremental Common Shares Attributable To Common Stock Awards IncrementalCommonSharesAttributableToCommonStockAwards	0	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8055393	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8060078	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8006981	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	7621569	shares
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	7.74
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.13
CY2024Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	27731	shares
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	64870	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	107928	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	61425	shares
CY2024Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	211100000	usd
CY2024Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	18000000.0	usd
CY2024Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	25800000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10800000	usd
CY2024Q3	us-gaap	Revenues Revenues	265700000	usd
CY2024Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	31500000	usd
CY2024Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	59500000	usd
CY2024Q3	onit	Servicing And Origination ServicingAndOrigination	11100000	usd
CY2024Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13200000	usd
CY2024Q3	us-gaap	Professional Fees ProfessionalFees	17300000	usd
CY2024Q3	us-gaap	Occupancy Net OccupancyNet	7900000	usd
CY2024Q3	onit	Corporate Overhead Allocations CorporateOverheadAllocations	0	usd
CY2024Q3	us-gaap	Other Expenses OtherExpenses	3400000	usd
CY2024Q3	us-gaap	Costs And Expenses CostsAndExpenses	112400000	usd
CY2024Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	24500000	usd
CY2024Q3	us-gaap	Interest Expense InterestExpense	74200000	usd
CY2024Q3	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	42300000	usd
CY2024Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	800000	usd
CY2024Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	300000	usd
CY2024Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3300000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-94100000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27600000	usd
CY2023Q3	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	237800000	usd
CY2023Q3	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	-400000	usd
CY2023Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	8200000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	10000000.0	usd
CY2023Q3	us-gaap	Revenues Revenues	255500000	usd
CY2023Q3	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	16400000	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	55700000	usd
CY2023Q3	onit	Servicing And Origination ServicingAndOrigination	15500000	usd
CY2023Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	13100000	usd
CY2023Q3	onit	Professional Fees Net ProfessionalFeesNet	13500000	usd
CY2023Q3	us-gaap	Occupancy Net OccupancyNet	7700000	usd
CY2023Q3	onit	Corporate Overhead Allocations CorporateOverheadAllocations	0	usd
CY2023Q3	us-gaap	Other Expenses OtherExpenses	4600000	usd
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	110000000.0	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	25900000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	74300000	usd
CY2023Q3	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	76500000	usd
CY2023Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2800000	usd
CY2023Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1300000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-119700000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	9500000	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	626500000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	41900000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	53200000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	29600000	usd
	us-gaap	Revenues Revenues	751200000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	75800000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	168100000	usd
	onit	Servicing And Origination ServicingAndOrigination	40000000.0	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	38900000	usd
	us-gaap	Professional Fees ProfessionalFees	40100000	usd
	us-gaap	Occupancy Net OccupancyNet	23100000	usd
	onit	Corporate Overhead Allocations CorporateOverheadAllocations	0	usd
	us-gaap	Other Expenses OtherExpenses	10600000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	320800000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	64500000	usd
	us-gaap	Interest Expense InterestExpense	214600000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	133300000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6700000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1800000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-6700000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-281700000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	72900000	usd
	onit	Servicing And Subservicing Fees ServicingAndSubservicingFees	707500000	usd
	onit	Feeand Commissions Reverse Mortgage Banking FeeandCommissionsReverseMortgageBanking	21500000	usd
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	36300000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	24000000.0	usd
	us-gaap	Revenues Revenues	789400000	usd
	us-gaap	Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputs	134200000	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	171400000	usd
	onit	Servicing And Origination ServicingAndOrigination	48800000	usd
	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	39500000	usd
	onit	Professional Fees Net ProfessionalFeesNet	9900000	usd
	us-gaap	Occupancy Net OccupancyNet	24200000	usd
	onit	Corporate Overhead Allocations CorporateOverheadAllocations	0	usd
	us-gaap	Other Expenses OtherExpenses	14700000	usd
	us-gaap	Costs And Expenses CostsAndExpenses	308400000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	60200000	usd
	us-gaap	Interest Expense InterestExpense	204800000	usd
	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	219800000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5900000	usd
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1200000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-359200000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-12500000	usd
CY2024Q3	us-gaap	Assets Assets	13226700000	usd
CY2023Q4	us-gaap	Assets Assets	12513700000	usd
CY2024Q3	us-gaap	Capital Required For Capital Adequacy CapitalRequiredForCapitalAdequacy	431700000	usd
	onit	Threshold Percentage Of Outstanding Principal Balance On Maximum Claim Amount ThresholdPercentageOfOutstandingPrincipalBalanceOnMaximumClaimAmount	0.98
CY2024Q3	onit	Securitized Home Equity Conversion Mortgage Backed Security SecuritizedHomeEquityConversionMortgageBackedSecurity	7772900000	usd
	onit	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	125000000.0	usd
	onit	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	224900000	usd
CY2023Q4	onit	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	186000000.0	usd
	onit	Amountof Additions To Home Equity Conversion Mortgage Backed Security Repurchases Value AmountofAdditionsToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	125000000.0	usd
	onit	Recoveries Related To Home Equity Conversion Mortgage Backed Security Repurchases Value RecoveriesRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	122400000	usd
	onit	Transfers Related To Home Equity Conversion Mortgage Backed Security Repurchases Value TransfersRelatedToHomeEquityConversionMortgageBackedSecurityRepurchasesValue	0	usd
	onit	Change In Value Of Home Equity Conversion Mortgage Backed Security Repurchases Value ChangeInValueOfHomeEquityConversionMortgageBackedSecurityRepurchasesValue	-3200000	usd
CY2024Q3	onit	Home Equity Conversion Mortgage Backed Security Repurchases Outstanding Value HomeEquityConversionMortgageBackedSecurityRepurchasesOutstandingValue	185400000	usd
	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<div style="margin-bottom:6pt;margin-top:12pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:6pt;margin-top:9pt;padding-left:72pt;text-indent:-72pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Note 21 – Contingencies</span></div></td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">When we become aware of a matter involving uncertainty for which we may incur a loss, we assess the likelihood of any loss. If a loss contingency is probable and the amount of the loss can be reasonably estimated, we record an accrual for the loss. In such cases, there may be an exposure to potential loss in excess of the amount accrued. Where a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, results of operations or cash flows. If a reasonable estimate of loss cannot be made, we do not accrue for any loss or disclose any estimate of exposure to potential loss even if the potential loss could be material and adverse to our business, reputation, financial condition and results of operations. An assessment regarding the ultimate outcome of any such matter involves judgments about future events, actions and circumstances that are inherently uncertain. The actual outcome could differ materially. Where we have retained external legal counsel or other professional advisers, such advisers assist us in making such assessments. </span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Litigation</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the ordinary course of business, we are a defendant in, or a party or potential party to, many threatened and pending legal proceedings, including proceedings brought by borrowers, regulatory agencies (discussed further under “Regulatory” below), current or former employees, those brought on behalf of various classes of claimants, and those brought derivatively on behalf of Onity against certain current or former officers and directors or others, and those brought under the False Claims Act by private citizens on behalf of the U.S. In addition, we may be a party or potential party to threatened or pending legal proceedings involving fair-housing advocates, current and former commercial counterparties and market competitors, including, among others, claims related to the sale or purchase of loans, MSRs or other assets, and breach of contract actions, parties on whose behalf we service or serviced mortgage loans, parties who provide ancillary services including property preservation and other post-foreclosure related services, applicable taxing authorities, and parties who provide or provided consulting, subservicing, or other services to Onity.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The majority of these proceedings are based on alleged violations of federal, state and local laws and regulations governing our mortgage servicing and lending activities, including, among others, the Dodd-Frank Act, the Gramm-Leach-Bliley Act, the FDCPA, the RESPA, the TILA, the Fair Credit Reporting Act, the Servicemembers Civil Relief Act, the Homeowners Protection Act, the Federal Trade Commission Act, the TCPA, the Equal Credit Opportunity Act, as well as individual state licensing and foreclosure laws, federal and local bankruptcy rules, federal and local tax regulations, and state deceptive trade practices laws. Such proceedings include wrongful foreclosure and eviction actions, bankruptcy violation actions, payment misapplication actions, allegations of wrongdoing in connection with lender-placed insurance and mortgage reinsurance arrangements, claims relating to our property preservation activities, claims related to REO management, claims relating to our written and telephonic communications with our borrowers such as claims under the TCPA and individual state laws, claims related to our payment, escrow and other processing operations, claims relating to fees imposed on borrowers relating to inspection fees, foreclosure attorneys’ fees, reinstatement fees, foreclosure registration fees, payment processing, payment facilitation or payment convenience fees, claims related to ancillary products marketed and sold to borrowers, claims related to loan modifications and loan assumptions, claims related to call recordings, claims regarding certifications of our legal compliance related to our participation in certain government programs, claims related to improper occupancy inspections, claims related to untimely recording of mortgage satisfactions, and claims related to tax deficiencies owed by and tax refunds </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">due to us. In some of these proceedings, claims for substantial monetary damages are asserted against us. For example, we are currently a defendant in various matters alleging that (1) certain fees imposed on borrowers relating to payment processing, payment facilitation or payment convenience violate the FDCPA and similar state laws, (2) certain fees we assess on borrowers are improperly assessed and/or marked up improperly in violation of applicable state and federal law, (3) we breached fiduciary duties we purportedly owe to benefit plans due to the discretion we exercise in servicing certain securitized mortgage loans, (4) certain legacy mortgage reinsurance arrangements violated RESPA, (5) we failed to subservice loans appropriately pursuant to subservicing and other agreements, and (6) we did not comply with specific state and federal wage and hour laws for certain non-exempt employees. In the future, we are likely to become subject to other private legal proceedings alleging failures to comply with applicable laws and regulations, including putative class actions, in the ordinary course of our business.</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In view of the inherent difficulty of predicting the outcome of any threatened or pending legal proceedings, particularly where the claimants seek very large or indeterminate damages, including punitive damages, or where the matters present novel legal theories or involve a large number of parties, we generally cannot predict what the eventual outcome of such proceedings will be, what the timing of the ultimate resolution will be, or what the eventual loss, if any, will be. Any material adverse resolution could materially and adversely affect our business, reputation, financial condition, liquidity, and results of operations.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Where we determine that a loss contingency is probable in connection with a pending or threatened legal proceeding and the amount of our loss can be reasonably estimated, we record an accrual for the loss. We have accrued for losses relating to threatened and pending litigation that we believe are probable and reasonably estimable based on current information regarding these matters. Where we determine that a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, results of operations or cash flows. It is possible that we will incur losses relating to threatened and pending litigation that materially exceed the amount accrued. Our accrual for probable and estimable legal and regulatory matters, including accrued legal fees, was $16.3 million at September 30, 2024. We cannot currently estimate the amount, if any, of reasonably possible losses above amounts that have been recorded at September 30, 2024. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As previously disclosed, we are subject to individual lawsuits relating to our FDCPA compliance and putative state law class actions based on the FDCPA and similar state statutes. We are currently defending a class action lawsuit challenging, under state and federal law, our practice of charging borrowers a fee to use certain optional payment methods, in </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Jones v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (D. NJ),</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">which we have filed a motion to dismiss. On July 23, 2024, the court granted the motion in part, dismissing the majority of the claims. Onity filed an answer to the surviving claims on August 14, 2024. In addition, between November 2022 and June 2023, we settled the previously disclosed cases of </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Morris v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (S.D. FL), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Torliatt v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (N.D. CA), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Thacker v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (N.D. WV), </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Forest v. PHH Mortg. Corp., et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (D. RI), and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Williams v. PHH Mortg. Corp., et al. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(S.D. TX). </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, we continue to be involved in legacy matters arising prior to Onity’s October 2018 acquisition of PHH Corporation, including a putative class action filed in 2008 in the United States District Court for the Eastern District of California against PHH and related entities alleging that PHH Corporation’s legacy mortgage reinsurance arrangements between its captive reinsurer, Atrium Insurance Corporation, and certain mortgage insurance providers violated RESPA. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Munoz v. PHH Mortgage Corp. et al.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (Eastern District of California). In June 2015, the court certified a class of borrowers who obtained loans with private mortgage insurance through PHH’s captive reinsurance arrangement between June 2007 and December 2009. PHH asserted numerous defenses to the merits of the case. Following pre-trial developments in August 2020, the only issues remaining for trial were whether the plaintiffs had standing to bring their claims and whether the reinsurance services provided by PHH Corporation’s captive reinsurance subsidiary, Atrium, were actually provided in order for the safe harbor provision of RESPA to apply. In January 2022, the Court denied a motion by the plaintiffs to enter new evidence and a motion by PHH to decertify the class, which motion PHH may renew if the case ultimately goes to trial. Following the entry of this order, at the request of the parties, the Court dismissed all of the plaintiffs’ claims for lack of standing and entered judgment in favor of PHH. The plaintiffs appealed to the United States Court of Appeals for the Ninth Circuit, and in February 2023 that court reversed and remanded for further proceedings. Onity will continue to vigorously defend itself. Our current accrual with respect to this matter is included in the $16.3 million legal and regulatory accrual referenced above. At this time, Onity is unable to predict the outcome of this lawsuit or the possible loss or range of loss, if any, associated with the resolution of such lawsuit. If our efforts to defend this lawsuit are not successful, our business, reputation, financial condition, liquidity and results of operations could be materially and adversely affected.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Onity is a defendant in a certified class action in the U.S. District Court in the Eastern District of California where the plaintiffs claim Onity marked up fees for property valuations and title searches in violation of California state law. See</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Weiner v. Ocwen Financial Corp., et al</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. In May 2020, the court ruled that plaintiff’s recoverable damages are limited to out-of-pocket costs, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">i.e.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the amount of marked-up fees actually paid, rather than the entire cost of the valuation that plaintiffs sought. In October 2023, the parties reached a tentative settlement to resolve the lawsuit prior to trial. A hearing on the parties’ motion for preliminary approval was scheduled for February 29, 2024, but the court postponed that hearing pending the submission of </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">certain additional briefing, which the parties filed on March 8, 2024.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On March 29, 2024, the district court entered an order granting preliminary approval of the parties’ settlement agreement, and directing notice to the settlement class.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The notice process began on April 29, 2024, and continues until September 29, 2025. The Court held a Final Fairness Hearing on September 19, 2024, and on October 10, 2024, the Court entered an order approving the settlement.</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">We have settled in principle a dispute with a former subservicing client, HSBC Bank USA, N.A. (HSBC). See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:112%">HSBC Bank USA, N.A. v. PHH Mortgage Corp.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> (Supreme Court of the State of New York). HSBC’s claims related to alleged breaches of agreements entered into under a prior subservicing arrangement and origination assistance agreement. In its complaint, HSBC also asserted a claim for fraud, which was dismissed by the Court. PHH answered the complaint and asserted counterclaims against HSBC for breach of contract. PHH filed a motion for summary judgment on December 19, 2022. In June 2024, PHH and HSBC agreed to settle HSBC’s claims for $3.0 million, which amount was previously accrued. </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Over the past several years, lawsuits have been filed by RMBS trust investors alleging that the trustees and master servicers breached their contractual and statutory duties by (i) failing to require loan servicers to abide by their contractual obligations; (ii) failing to declare that certain alleged servicing events of default under the applicable contracts occurred; and (iii) failing to demand that loan sellers repurchase allegedly defective loans, among other things. Onity has received several letters from trustees and master servicers purporting to put Onity on notice that the trustees and master servicers may ultimately seek indemnification from Onity in connection with the litigations. Onity has not yet been impleaded into any of these cases, but it has produced and continues to produce documents to the parties in response to third-party subpoenas.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Onity has, however, been impleaded as a third-party defendant into five consolidated loan repurchase cases first filed against Nomura Credit & Capital, Inc. in 2012 and 2013. Onity is vigorously defending itself in those cases against allegations by the mortgage loan seller-defendant that Onity failed to inform its contractual counterparties that it had discovered defective loans in the course of servicing them and had otherwise failed to service the loans in accordance with accepted standards. In September 2023, the Court granted in part Onity’s motion for summary judgment, dismissing Nomura’s “failure to notify” claim in its entirety; the Court, however, denied Onity’s motion with respect to Nomura’s second claim alleging failure to service loans in accordance with accepted standards. In May 2024, Onity filed an appeal of the Court’s partial denial of Onity’s summary judgment motion related to the “negligent servicing” claim. Briefing on that appeal concluded in September 2024. The scope of any resulting trial is uncertain, and thus Onity is unable at this time to predict the ultimate outcome of these matters, the possible loss or range of loss, if any, associated with the resolution of these matters or any potential impact they may have on us or our operations. If, however, we were required to compensate claimants for losses related to the alleged loan servicing breaches, then our business, reputation, financial condition, liquidity and results of operations could be adversely affected.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, several RMBS trustees have received notices of events of default alleging material failures by servicers to comply with applicable servicing agreements. Although Onity has not been sued by an RMBS trustee in response to an event of default notice, there is a risk that Onity could be replaced as servicer as a result of said notices, that the trustees could take legal action on behalf of the trust certificate holders, or, under certain circumstances, that the RMBS investors who issue notices of event of default could seek to press their allegations against Onity, independent of the trustees. We are unable at this time to predict what, if any, actions any trustee will take in response to an event of default notice, nor can we predict at this time the potential loss or range of loss, if any, associated with the resolution of any event of default notice or the potential impact on our operations. If Onity were to be terminated as servicer, or other related legal actions were pursued against Onity, it could have an adverse effect on Onity’s business, reputation, financial condition, liquidity, and results of operations.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Regulatory </span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to a number of ongoing federal and state regulatory examinations, orders, inquiries, subpoenas, civil investigative demands, requests for information and other actions. We may also on occasion be subject to foreign regulatory actions in the countries where we operate outside the U.S. Where we determine that a loss contingency is probable in connection with a regulatory matter and the amount of our loss can be reasonably estimated, we record an accrual for the loss. Where we determine that a loss is not probable but is reasonably possible or where a loss in excess of the amount accrued is reasonably possible, we disclose an estimate of the amount of the loss or range of possible losses for the claim if a reasonable estimate can be made, unless the amount of such reasonably possible loss is not material to our financial position, results of operations or cash flows. It is possible that we will incur losses relating to regulatory matters that materially exceed any accrued amount. Predicting the outcome of any regulatory matter is inherently difficult and we generally cannot predict the eventual outcome of any regulatory matter or the eventual loss, if any, associated with the outcome.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">To the extent that an examination, audit or other regulatory engagement results in an alleged failure by us to comply with applicable laws, regulations or licensing requirements, or if allegations are made that we have failed to comply with applicable laws, regulations or licensing requirements or the commitments we have made in connection with our regulatory settlements (whether such allegations are made through administrative actions such as cease and desist orders, through legal proceedings or otherwise) or if other regulatory actions of a similar or different nature are taken in the future against us, this could lead to (i) </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">administrative fines and penalties and litigation, (ii) loss of our licenses and approvals to engage in our servicing and lending businesses, (iii) governmental investigations and enforcement actions, (iv) civil and criminal liability, including class action lawsuits and actions to recover incentive and other payments made by governmental entities, (v) breaches of covenants and representations under our servicing, debt or other agreements, (vi) damage to our reputation, (vii) inability to raise capital or otherwise fund our operations and (viii) inability to execute on our business strategy. Any of these occurrences could increase our operating expenses and reduce our revenues, hamper our ability to grow or otherwise materially and adversely affect our business, reputation, financial condition, liquidity and results of operations.</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We regularly receive information requests and other inquiries, both formal and informal in nature, from our state financial regulators as part of their general regulatory oversight of our licensed servicing and lending businesses, as well as from state attorneys general, the CFPB and other federal agencies, including the Department of Justice, HUD and various inspectors general. For example, we have received requests regarding the charging of certain fees to borrowers (including our practice of charging borrowers a fee to use certain optional payment methods, or “convenience fees”); the post-boarding process to verify loan and payment terms are properly implemented, calculated, and applied; bankruptcy practices; COVID-19-related forbearance and post-forbearance options; and Homeowner Assistance Fund participation and implementation. Many of our regulatory engagements arise from a complaint that the entity is investigating, although some are formal investigations or proceedings. The GSEs (and their conservator, FHFA), HUD, FHA, VA, Ginnie Mae, the United States Treasury Department, and others also subject us to periodic reviews and audits, and engage with us on various matters. For example, we are currently engaged with several regulators on guidance and applicable law related to borrower convenience fees. We have in the past resolved, and may in the future resolve, matters via consent orders, payments of monetary amounts and other agreements in order to settle issues identified in connection with examinations or other oversight activities, and such resolutions could have material and adverse effects on our business, reputation, operations, results of operations and financial condition. Our current accrual with respect to these matters is included in the $16.3 million legal and regulatory accrual referenced above.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Loan Put-Back and Related Contingencies</span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have exposure to representation, warranty and indemnification obligations relating to our lending, loan sales and securitization activities, and servicing practices. We received origination representations and warranties from our network of approved originators in connection with loans we purchased through our correspondent lending channel. To the extent that we have recourse against a third-party originator, we may recover part or all of any loss we may incur. We do not provide or assume any origination representations and warranties in connection with our MSR purchases.</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At September 30, 2024 and September 30, 2023, we had outstanding representation and warranty repurchase demands of $20.5 million UPB (70 loans) and $47.7 million UPB (176 loans), respectively. We review each demand and monitor through resolution, primarily through rescission, loan repurchase or make-whole payment. </span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the changes in our liability for representation and warranty obligations and similar indemnification obligations:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:71.122%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.496%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.384%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.498%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nine Months Ended September 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Beginning balance (1)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.9 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.6 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for (reversal of) representation and warranty obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for representation and warranty obligations - New production liability</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.3 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charge-offs and other (2) </span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.2)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8.3)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ending balance (1)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30.2 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.5 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:3pt;padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(1)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">The liability for representation and warranty obligations and compensatory fees for foreclosures is reported in Other liabilities (a component of Liability for indemnification obligations) on our unaudited consolidated balance sheets.</span></div><div style="padding-left:18pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(2)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:7.52pt">Includes reclassification of principal and interest losses in connection with repurchased loans, make-whole, indemnification and fee payments and settlements net of recoveries, if any.</span></div><div style="margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We believe that it is reasonably possible that losses beyond amounts currently recorded for potential representation and warranty obligations and other claims described above could occur, and such losses could have an adverse impact on our results of operations, financial condition or cash flows. However, based on currently available information, we are unable to estimate a range of reasonably possible losses above amounts that have been recorded at September 30, 2024</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">.</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Other</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We may, from time to time, have affirmative indemnification and other claims against service providers, parties from whom we purchased MSRs or other assets, investors or other parties. Although we pursue these claims, we cannot currently </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">estimate the amount, if any, of further recoveries. Similarly, from time to time, indemnification and other claims are made against us by parties to whom we sold MSRs or other assets or by parties on whose behalf we service mortgage loans. We cannot currently estimate the amount, if any, of reasonably possible loss above amounts recorded.</span></div>
CY2024Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	16300000	usd
CY2024Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	16300000	usd
CY2024Q2	us-gaap	Loss Contingency Damages Awarded Value LossContingencyDamagesAwardedValue	3000000	usd
CY2024Q3	onit	Number Of Cases NumberOfCases	5	case
CY2024Q3	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	16300000	usd
CY2024Q3	onit	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	20500000	usd
CY2024Q3	onit	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	70	loan
CY2023Q3	onit	Warranty Repurchase Demands Unpaid Principal Balance WarrantyRepurchaseDemandsUnpaidPrincipalBalance	47700000	usd
CY2023Q3	onit	Warranty Repurchase Demands Number Of Loans WarrantyRepurchaseDemandsNumberOfLoans	176	loan
CY2023Q4	onit	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	32900000	usd
CY2022Q4	onit	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	41600000	usd
	onit	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	-3200000	usd
	onit	Provision For Representation And Warranty Obligations ProvisionForRepresentationAndWarrantyObligations	2900000	usd
	onit	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	1700000	usd
	onit	Indemnification Obligations Liability Reserves IndemnificationObligationsLiabilityReserves	1300000	usd
	onit	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	1200000	usd
	onit	Indemnification Obligations Liability Charge Offs IndemnificationObligationsLiabilityChargeOffs	8300000	usd
CY2024Q3	onit	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	30200000	usd
CY2023Q3	onit	Representation Warranty And Compensatory Fees Obligations RepresentationWarrantyAndCompensatoryFeesObligations	37500000	usd

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$ONIT
ONITY GROUP INC. Stock $onit

2024 Q4 Form 10-Q Financial Statement

#000162828024046004 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

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Files In Submission

$ONIT ONITY GROUP INC. Stock $onit

2024 Q4 Form 10-Q Financial Statement

#000162828024046004 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ONIT
ONITY GROUP INC. Stock $onit