Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 9

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 9
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%99—%5741%(5)(475)Total Production by Product$16,402100%$16,298100%$44,529100%$41,326100%$104 $3,203 % Purchase75 %73 %74 %84 %% Refinance25 %27 %26 %16 %

Three Months EndedNine Months Ended September 30,(dollars in thousands)September 30, 2025June 30, 202520252024QoQ ChangeYoY ChangeGain on originated residential mortgage loans, held-for-sale, net(A)(B)(C)(D)$176,039$172,740$501,724$472,307$3,299$29,417Pull through adjusted lock volume$17,676,990$16,656,627$46,785,204$42,809,716$1,020,363$3,975,488Gain on Originated Residential Mortgage Loans, as a Percentage of Pull Through Adjusted Lock Volume, by Channel:Direct to Consumer1.75 %3.39 %2.59 %3.18 %Retail / Joint Venture2.99 %3.49 %3.31 %3.65 %Wholesale1.19 %1.22 %1.23 %1.34 %Correspondent0.53 %0.43 %0.50 %0.50 %Total Gain on Originated Residential Mortgage Loans, as a Percentage of Pull Through Adjusted Lock Volume1.00 %1.04 %1.07 %1.10 %

(A)Includes realized gains on loan sales and related new MSR capitalization, changes in repurchase reserves, changes in fair value of interest rate lock commitments, changes in fair value of residential mortgage loans, held-for-sale (“HFS”) and economic hedging gains and losses.

(B)Includes loan origination fees of $296.4 million and $248.3 million for the three months ended September 30, 2025 and June 30, 2025, respectively, and $742.3 million and $700.4 million for the nine months ended September 30, 2025 and 2024, respectively. 

(C)Represents gain on originated residential mortgage loans, HFS, net related to the origination business within the Origination and Servicing segment (Note 4