Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 187

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 187
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 on settlement of investments, net(60,868)(274,709)Gain on sale of originated residential mortgage loans, held-for-sale, net(159,789)(142,457)Gain on transfer of loans to real estate owned (“REO”)(116)(2,166)Accretion and other amortization(12,006)(21,224)Provision for (reversal of) credit losses on securities, loans and REO(2,042)462 Non-cash portions of servicing revenue, net552,690 (76,376)Deferred tax provision(41,295)90,628 Mortgage loans originated and purchased for sale, net of fees(12,355,460)(11,439,065)Sales proceeds and loan repayment proceeds for residential mortgage loans, held-for-sale13,377,980 9,856,746 Loan repayment proceeds of consolidated entities99,676 80,822 Interest received from servicer advance investments, RMBS, loans and other9,728 13,488 Principal repayments and sales proceeds of investments of consolidated CFEs111,289 2,090 Loan originations and investment purchases of consolidated CFEs(197,937)(9,811)Changes in:Servicer advances receivable, net311,515 165,425 Other assets(291)37,637 Accrued expenses and other liabilities(200,120)(223,335)Net cash provided by (used in) operating activities1,421,267 (1,314,546)

6

RITHM CAPITAL CORP. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED), CONTINUED(dollars in thousands)

Three Months EndedMarch 31,20252024Cash Flows From Investing ActivitiesPurchase of servicer advance investments(186,356)(212,656)Purchase of government-backed and other securities(1,390,991)(1,891)Proceeds from sale of government-backed and other securities1,291 — Purchase of Treasury securities(24,732)(4,733,368)Treasury sales and Treasury securities payable— 1,425,370 Reverse repurchase agreements entered and repurchase agreements closed(507,863)(1,256,872)Reverse repurchase agreements closed and repurchase agreements entered503,863 — Maturity of Treasury securities25,000 — Purchase of SFR properties