Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 95

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 95
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171 1,724,899 1,462,040 Change in Fair Value due to:Realization of cash flows(A)(189,881)(139,784)(513,452)(421,761)Change in valuation inputs and assumptions, net of realized gains (losses)(B)(219,555)(607,551)(623,387)(309,297)Gains on MSR economic hedges145,085 379,924 384,105 240,681 Servicing Revenue, Net$314,930 $125,760 $972,165 $971,663 (A)Net of $0.5 million and $1.3 million of realization of cash flows related to MSR financing liability for the three months ended September 30, 2025 and 2024, respectively, and $3.0 million and $3.5 million for the nine months ended September 30, 2025 and 2024, respectively (Note 12).(B)Net of $(8.6) million and $7.3 million of change in valuation inputs and assumptions related to MSR financing liability for the three months ended September 30, 2025 and 2024, respectively, and $(5.4) million and $14.1 million for the nine months ended September 30, 2025 and 2024, respectively (Note 12).The following table summarizes MSRs and MSR financing receivables by type as of September 30, 2025 and December 31, 2024:UPB of Underlying MortgagesWeighted Average Life (Years)(A)Carrying Value(B)September 30, 2025GSE$380,422,006 6.4$6,265,449 Non-Agency68,078,160 5.6784,367 Ginnie Mae147,592,847 6.13,339,950 Total / Weighted Average$596,093,013 6.2$10,389,766 December 31, 2024GSE$383,014,320 6.5$6,413,199 Non-Agency70,022,636 5.4836,408 Ginnie Mae137,177,395 6.43,072,064 Total / Weighted Average$590,214,351 6.4$10,321,671 (A)Represents the weighted average expected timing of