Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 13

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 13
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(A)Includes assets and liabilities of certain consolidated VIEs that meet the definition of CFEs. These assets can only be used to settle obligations and liabilities of such VIEs for which creditors do not have recourse to Rithm Capital Corp.

16

RITHM CAPITAL CORP. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)(dollars in tables in thousands, except share and per share data)

Origination and ServicingInvestment PortfolioResidential Transitional LendingAsset ManagementCorporate CategoryTotalThree Months Ended March 31, 2024Servicing fee revenue, net and interest income from MSRs and MSR financing receivables$469,891 $— $— $— $— $469,891 Change in fair value of MSRs and MSR financing receivables (includes realization of cash flows of $(116,839))84,175 — — — — 84,175 Servicing revenue, net554,066 — — — — 554,066 Interest income275,205 89,959 64,720 4,909 2 434,795 Gain (loss) on originated residential mortgage loans, held-for-sale, net145,869 (3,411)— — — 142,458 Other revenues32,379 25,969 — — — 58,348 Asset management revenues— — — 70,951 — 70,951 Total Revenues1,007,519 112,517 64,720 75,860 2 1,260,618 Interest expense and warehouse line fees288,856 70,392 32,414 7,621 10,544 409,827 Other segment expenses(A)114,506 21,541 3,187 23,922 9,944 173,100 Compensation and benefits157,981 568 11,303 63,112 2,814 235,778 Depreciation and amortization14,630 7,742 1,567 8,013 — 31,952 Total Operating Expenses575,973 100,243 48,471 102,668 23,302 850,657 Realized and unrealized gains (losses), net(65,257)2,687 24