Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 124

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 124
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8 billion notional of receive fixed of 3.8%/pay Secured Overnight Financing Rate (“SOFR”) with weighted average maturity of 31 months, as of September 30, 2025. There were no receive SOFR/pay fixed interest rate swaps as of September 30, 2025. Includes $3.1 billion notional of receive SOFR/pay fixed of 3.6% and $5.9 billion notional of receive fixed of 3.8%/pay SOFR with weighted average maturities of 71 months and 32 months, respectively, as of December 31, 2024. (B)Represents a $5.3 billion notional Eris SOFR swap future with weighted average maturity of 50 months that replicates cash flows of receive fixed/pay SOFR interest rate swaps.(C)Represents the notional amount of Agency RMBS classified as derivatives.The following table summarizes gain (loss) on derivatives and other hedging instruments and the related presentation on the consolidated statements of operations:Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Servicing Revenue, Net:TBAs$83,046 $(23,946)$203,146 $(21,381)Interest rate swaps(20,307)62,075 (26,261)70,979 Interest rate futures(14,332)— (5,141)— Treasury short sales— (16,956)— 24,341 48,407 21,173 171,744 73,939 Gain (Loss) on Originated Residential Mortgage Loans, HFS, Net(A):IRLCs(29,957)15,711 9,271 8,379 TBAs 46,922 (19,236)(54,005)34,158 16,965 (3,525)(44,734)42,537 Realized and Unrealized Gains (Losses), Net(B):Interest rate swaps— (2,810)(12,667)19,550 Other commitments— (1,057)— (17,197)Stock options134 — 117 — Foreign exchange forwards326 — (5,031)— 460 (3,867)(17,581)2,353 Total Gain$65,832 $13,781 $109,429 $118,829 (A)Rep