Rithm Capital Corp. (RITM) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and welcome to the Rhythm Capital Second Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Emma Bola, Associate General Counsel. Please go ahead. Thank you, and good morning, everyone. I would like to thank you for joining us today for Rhythm Capital's second quarter twenty twenty five earnings call. Joining me today are Michael Nierenberg, Chairman, CEO and President of Rhythm Capital Nick Santoro, Chief Financial Officer of Rhythm Capital and Baron Silverstein, President of NewRez. Throughout the call, we are going to reference the earnings supplement that was posted this morning to the Rhythm Capital website, www.rhythmcap.com. If you've not already done so, I'd encourage you to download the presentation now. I would like to point out that certain statements made today will be forward looking statements. These statements, by their nature, are uncertain and may differ materially from actual results. I encourage you to review the disclaimers in our press release and earnings supplement regarding forward looking statements and to review the risk factors contained in our annual and quarterly reports filed with the SEC. In addition, we will be discussing some non GAAP financial measures during today's call. Reconciliations of these measures to the most directly comparable GAAP measures can be found in our earnings supplement. And with that, I will turn the call over to Michael. Thanks, Emma. Good morning, everyone, and welcome to our second quarter earnings call. The company had a great quarter. And when you look across all of our business lines and subsidiaries, everything so far continues to perform very, very well. On...