Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 89

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 89
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Corporate CategoryTotalSix Months Ended June 30, 2024Servicing fee revenue, net and interest income from MSRs and MSR financing receivables$968,869 $— $— $— $— $968,869 Change in fair value of MSRs and MSR financing receivables, net of economic hedges (includes realization of cash flows of $(281,977))(122,966)— — — — (122,966)Servicing revenue, net845,903 — — — — 845,903 Interest income618,540 160,731 124,293 9,880 4 913,448 Gain on originated residential mortgage loans, held-for-sale, net301,640 (5,441)— — — 296,199 Other revenues62,335 52,513 — — — 114,848 Asset management revenues— — — 180,384 — 180,384 Total Revenues1,828,418 207,803 124,293 190,264 4 2,350,782 Interest expense and warehouse line fees633,585 132,471 61,520 15,954 32,241 875,771 Other segment expenses(A)232,209 39,110 7,926 47,913 27,559 354,717 Compensation and benefits345,968 912 20,416 115,094 23,836 506,226 Depreciation and amortization31,166 15,047 3,134 15,462 — 64,809 Total Operating Expenses1,242,928 187,540 92,996 194,423 83,636 1,801,523 Realized and unrealized gains, net— 34,698 43,305 1,625 — 79,628 Other income (loss), net27,361 9,977 (1,842)6,644 37 42,177 Total Other Income27,361 44,675 41,463 8,269 37 121,805 Income (Loss) before Income Taxes612,851 64,938 72,760 4,110 (83,595)671,064 Income tax expense135,161 4,157