Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 42

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 42
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 June 30, 2025 compared to the three months ended March 31, 2025

Compensation and benefits increased $22.9 million, primarily due to increased loan origination and servicing compensation at the operating company driven by performance and portfolio growth.

Six months ended June 30, 2025 compared to the six months ended June 30, 2024

Compensation and benefits increased $59.6 million, primarily due to (i) increased loan servicing compensation at the operating company related to the Computershare acquisition in the second quarter of 2024 and (ii) increased performance and stock-based compensation. 

110

Other Income (Loss)

The following table summarizes the components of other income (loss):

Three Months EndedSix Months Ended June 30,(dollars in thousands)June 30,2025March 31, 202520252024QoQ ChangeYoY ChangeReal estate and other securities$4,532 $8,454 $12,986 $1,068 $(3,922)$11,918 Residential mortgage loans and REO8,281 2,544 10,825 26,149 5,737 (15,324)Derivative and hedging instruments(8,226)(9,815)(18,041)6,220 1,589 (24,261)Notes and bonds payable(4,135)4,848 713 (2,631)(8,983)3,344 Consolidated CFEs(A)26,614 16,442 43,056 49,797 10,172 (6,741)Other(B)(4,325)(23,616)(27,941)(975)19,291 (26,966)Realized and unrealized gains (losses), net22,741 (1,143)21,598 79,628 23,884 (58,030)Other income, net18,478 9,073 27,551 42,177 9,405 (14,626)Total Other Income$41,219 $7,930 $49,149 $121,805 $33,289 $(72,656)

(A)Includes change in the fair value of the consolidated CFEs’ financial assets and liabilities and related interest and other income.

(B)Includes excess MSRs, servicer advance investments, consumer loans, residential transition