Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 364

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 364
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.1 billion, up from $25.4 billion in the six months ended June 30, 2024. Gain on sale margin for the six months ended June 30, 2025 was 1.12%, 3 bps higher than 1.09% for the six months ended June 30, 2024. The higher gain on sale margin for the six months ended June 30, 2025 was primarily due to improved margins in the Correspondent channel (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)June 30, 2025March 31, 2025June 30, 2024QoQ ChangeYoY ChangePerforming Servicing:MSR-owned assets$523,174 $519,812 $506,487 $3,362 $16,687 Residential whole loans2,909 2,379 3,066 530 (157)Total Performing Servicing526,083 522,191 509,553 3,892 16,530 Special Servicing:MSR-owned assets12,683 13,032 12,025 (349)658 Residential whole loans7,834 7,177 6,313 657 1,521 Third-party260,722 244,158 213,661 16,564 47,061 Total Special Servicing281,239 264,367 231,999 16,872 49,240 Total Newrez Servicing807,322 786,558 741,552 20,764 65,770 Serviced by Third-Parties:MSR-owned assets56,866 58,298 68,532 (1,432)(11,666)Total Servicing Portfolio$864,188 $844,856 $810,084 $19,332 $54,104 Agency Servicing:MSR-owned assets$380,863 $382,117 $381,517 $(1,254)$(654)Residential whole loans71