ONITY GROUP INC.
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
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FY2025 · Filed Feb 17, 2026
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Item 2. Properties
Onity Group Inc. is headquartered in West Palm Beach, Florida, at 1661 Worthington Road, Suite 100. We have offices and facilities in the U.S., the USVI, India and the Philippines, all of which are leased. The following table sets forth information relating to our principal facilities at December 31, 2025:
| Location | Owned/Leased | Approximate Square Footage |
|---|---|---|
| Principal executive offices | ||
| West Palm Beach, Florida | Leased | 41,900 |
| Document storage and imaging facility | ||
| West Palm Beach, Florida | Leased | 51,900 |
| Business operations and support offices | ||
| U.S. facilities: | ||
| Mt. Laurel, New Jersey (1) | Leased | 18,300 |
| Rancho Cordova, California (2) | Leased | 8,100 |
| Houston, Texas - Walters Road (3) | Leased | 9,400 |
| Plano, Texas (4) | Leased | 4,100 |
| St. Croix, USVI (5) | Leased | 6,100 |
| Total U.S. | 139,800 | |
| APAC facilities (1) | ||
| Bangalore, India | Leased | 22,300 |
| Mumbai, India (6) | Leased | 17,700 |
| Pune, India | Leased | 3,900 |
| Manila, Philippines | Leased | 13,100 |
| Total APAC | 57,000 | |
| Total | 196,800 | |
(1)Supports our servicing and originations operations, as well as our corporate functions.
(2)Primarily supports our reverse originations operations.
(3)Primarily supports our reverse servicing operations. Effective February 2025, we exercised the early termination option to terminate the lease on 36,200 square feet of space (including on 29,900 square feet, which was previously abandoned) and the lease term for the remaining space was extended through January 2028.
(4)Effective September 2025, we entered into a new lease agreement expiring in January 2031. This facility primarily supports our forward originations operations.
(5)Primarily supports our forward servicing operations.
(6)Effective December 2025, we terminated the lease agreement on existing 15,200 square feet of space, and effective November 2025, we entered into a new five-year lease agreement for 17,700 square feet of space. In January 2026, we vacated the old lease and occupied the new lease, as mutually agreed between the parties.
We regularly evaluate current and projected space requirements, considering the constraints of our existing lease agreements and the expected scale of our businesses. We operate through a hybrid workforce model which combines remote work for substantially all of our global workforce and in-office when required. During 2025, we exited a total of 36,200 of leased square feet.
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