Onity plans to transfer and eliminate the shrinking, uneconomical Rithm subservicing portfolio to simplify operations and pursue more profitable growth.
Both subprime and super prime loans are on the rise, signs of a K-shaped economy that is a 'prescription for real trouble' | Fortune
The share of subprime borrowers rose to 14.4% in Q3 2025, the highest since 2019, indicating rising financial stress and widening credit-risk polarization.