Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 37

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 37
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,165 $971,663 $(104,882)$502 

(A)The following table summarizes the components of servicing revenue, net related to changes in valuation inputs and assumptions: 

Three Months EndedNine Months Ended September 30,(dollars in thousands)September 30,2025June 30,202520252024QoQ ChangeYoY ChangeChanges in interest rates and prepayment rates$(250,288)$(24,427)$(616,428)$(62,809)$(225,861)$(553,619)Changes in discount rates133,634 — 129,311 60,000 133,634 69,311 Changes in other factors(102,901)15,620 (136,270)(306,488)(118,521)170,218 Change in Valuation and Assumptions$(219,555)$(8,807)$(623,387)$(309,297)$(210,748)$(314,090)

The table below summarizes the UPB of our MSRs, MSR financing receivables and third-party servicing:

UPB(dollars in millions)September 30,2025June 30,2025September 30,2024QoQ ChangeYoY ChangeGSE$451,344 $453,226 $446,810 $(1,882)$4,534 Non-Agency275,804 264,607 235,359 11,197 40,445 Ginnie Mae150,376 146,355 139,500 4,021 10,876 Total$877,524 $864,188 $821,669 $13,336 $55,855 

The table below summarizes the total UPB of our servicing portfolio (owned MSRs and third-party servicing) by Performing Servicing, Special Servicing and serviced by third-parties:

UPB(dollars in millions)September 30,2025June 30,2025September 30,2024QoQ ChangeYoY ChangePerforming Servicing$530,709 $526,083 $511,396 $4,626 $19,313 Special Servicing291,354 281,239 243,260 10,115 48,094 Serviced by third-parties55,461 56,866 67,013 (1,405)(11,552)Total Servicing