Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 11

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 11
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. The lower gain on sale margin for the nine months ended September 30, 2025 was primarily due to narrower margins in the Direct to Consumer and Wholesale channels (refer to the tables above). 

The table below provides the mix of Newrez serviced assets portfolio between subserviced performing servicing (labeled as “Performing Servicing”) and subserviced non-performing, or special servicing (labeled as “Special Servicing”). Third-party servicing includes loan portfolios serviced on behalf of Rithm Capital or its subsidiaries and non-affiliated third parties for the periods presented.

UPB(in millions)September 30, 2025June 30,2025September 30, 2024QoQ ChangeYoY ChangePerforming Servicing:MSR-owned assets$527,071 $523,174 $508,948 $3,897 $18,123 Residential whole loans3,638 2,909 2,448 729 1,190 Total Performing Servicing530,709 526,083 511,396 4,626 19,313 Special Servicing:MSR-owned assets13,561 12,683 12,905 878 656 Residential whole loans8,633 7,834 6,922 799 1,711 Third-party269,160 260,722 223,433 8,438 45,727 Total Special Servicing291,354 281,239 243,260 10,115 48,094 Total Newrez Servicing822,063 807,322 754,656 14,741 67,407 Serviced by Third-Parties:MSR-owned assets55,461 56,866 67,013 (1,405)(11,552)Total Servicing Portfolio$877,524 $864,188 $821,669 $13,336 $55,855 Agency Servicing:MSR-owned assets$380,422 $380,863 $383,218 $(441)$(2,796)Residential whole loans— 71 — (71)— Third-party70,922 72,292 63,592 (1,370)7,330 Total Agency Servicing451,344 453,226 446,810 (1,882)4,534 Government-Insured Servicing:MSR-owned assets