Exhibit 10.1 REGISTRATION RIGHTS AGREEMENT This REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made and entered into as of November 1, 2024, by and between Onity Group Inc., a Florida corporation (the "Company"), SHAP 2018-1, LLC, a Delaware limited liability company ("SHAP"), Waterfall Eden Master Fund, Ltd., Waterfall Sandstone Fund, L.P., Waterfall Rock Island, LLC and Waterfall Victoria Master Fund, Ltd. (each, a "Waterfall Fund" and collectively, the "Waterfall Funds"). WHEREAS, this Agreement is ...