secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001556593-23-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital Q3 GAAP EPS $0.40, EAD $0.58; announces $720M SLS acquisition
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- GAAP net income $193.9M ($0.40 diluted EPS); EAD $280.8M ($0.58 diluted EPS).
- Common dividend maintained at $0.25 per share; book value per share $12.32.
- Acquired Specialized Loan Servicing for ~$720M, expected Q1 2024; adds $136B UPB in MSRs.
- Newrez combined pre-tax income $412.5M; funded origination volume $11.1B in Q3.
- Genesis Capital funded $625M in Q3; Q4 origination volume guidance $7-9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000155659323000029/0001556593-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000155659323000029/ritm-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001556593-23-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer