For the quarter ending 2025-09-30, RITMP had $94,890K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 228,798 | 318,006 | 80,710 | 291,907 |
| Change in fair value of investments, net | 73,748 | -92,906 | 100,826 | -311,205 |
| Change in fair value of secured notes and bonds payable | -2,025 | -15,599 | -8,429 | -5,885 |
| Gain on settlement of investments, net | 8,383 | -49,380 | 60,868 | 129,353 |
| Gain on sale of originated residential mortgage loans, held-for-sale, net | 196,308 | 169,698 | 159,789 | 682,535 |
| (gain) loss on transfer of loans to real estate owned (reo) | 667 | -76 | 116 | 789 |
| Accretion and other amortization | 5,668 | 22,325 | 12,006 | 25,382 |
| Reversal of credit losses on securities, loans and reo | -1,094 | -890 | -2,042 | 3,190 |
| Non-cash portions of servicing revenue, net | -281,309 | 44,008 | -552,690 | -251,214 |
| Deferred tax provision | 3,883 | -13,853 | -41,295 | 254,402 |
| Mortgage loans originated and purchased for sale, net of fees | 17,544,745 | 17,047,891 | 12,355,460 | 60,360,268 |
| Sales proceeds and loan repayment proceeds for residential mortgage loans, held-for-sale | 15,096,376 | 15,765,690 | 13,377,980 | 16,273,518 |
| Loan originations and draws of consolidated entities | - | - | - | 0 |
| Sales proceeds and loan repayment proceeds of consolidated entities | 257,005 | 394,141 | 99,676 | 386,668 |
| Residential transition loans repayment proceeds of consolidated cfes | - | - | - | 0 |
| Interest received from servicer advance investments, rmbs, loans and other | 13,198 | 13,338 | 9,728 | 56,170 |
| Interest received from reverse repurchase agreements | 0 | 0 | - | 57,423 |
| Principal repayments and sales proceeds of investments of consolidated cfes | - | - | 111,289 | 318,877 |
| Loan originations and investment purchases of consolidated entities | 140,957 | 192,108 | 197,937 | 474,120 |
| Servicer advances receivable | -49,912 | -151,793 | -311,515 | 222,862 |
| Other assets | 107,774 | -165,610 | 291 | 20,825 |
| Due to affiliates | - | - | - | 0 |
| Accrued expenses and other liabilities | 105,181 | 78,443 | -200,120 | 62,427 |
| Net cash used in operating activities | -2,041,657 | -557,080 | 1,421,267 | -1,753,358 |
| Business acquisitions, net of cash acquired | 0 | 0 | - | 0 |
| Purchase of servicer advance investments | 169,957 | 164,021 | 186,356 | 781,896 |
| Purchase of excess msrs | 0 | 0 | - | 122,887 |
| Purchase of government-backed and other securities | 495,904 | 87,676 | 1,390,991 | 1,249,562 |
| Proceeds from sale of government-backed and other securities | 0 | 0 | 1,291 | 2,583,782 |
| Purchase of treasury securities | 24,754 | 24,736 | 24,732 | 24,729 |
| Treasury sales and treasury securities payable | 1,255,474 | 2,013,706 | 0 | 0 |
| Reverse repurchase agreements entered and repurchase agreements closed | 0 | 0 | 507,863 | 539,607 |
| Reverse repurchase agreements closed and repurchase agreements entered | 0 | 0 | 503,863 | 532,982 |
| Purchase of residential mortgage loans | - | - | - | 0 |
| Maturity of treasury securities | 25,000 | 25,000 | 25,000 | 25,000 |
| Purchase of sfr properties, msrs and other assets | 72,913 | 33,821 | 156,484 | 449,931 |
| Purchase of residential transition loans | 3,434 | - | - | 0 |
| Origination of residential transition loans | 1,286,065 | 933,598 | 775,530 | 2,873,016 |
| Purchase of consumer loans | 220,962 | - | - | - |
| Draws on revolving consumer loans | 5,151 | 5,074 | 6,595 | 24,091 |
| Net settlement of derivatives and hedges | -164,536 | 124,427 | -72,352 | -129,401 |
| Return of investments in excess msrs | 9,373 | 9,174 | 12,908 | 7,363 |
| Return of investments in equity method investees | 0 | 872 | 2,471 | 4,826 |
| Principal repayments from servicer advance investments | 181,789 | 173,130 | 203,012 | 808,963 |
| Principal repayments from government, government-backed and other securities | 221,911 | 206,899 | 154,723 | 751,318 |
| Principal repayments from residential mortgage loans | 9,856 | 11,853 | 10,287 | 10,431 |
| Principal repayments from consumer loans | 116,258 | 87,890 | 111,102 | 560,518 |
| Principal repayments and sales proceeds of residential transition loans/ principal repayments and sales proceeds of investments of consolidated entities-Consolidated Entity Excluding Variable Interest Entities VIE | 708,812 | 413,311 | 353,128 | 1,393,658 |
| Principal repayments and sales proceeds of residential transition loans/ principal repayments and sales proceeds of investments of consolidated entities-Variable Interest Entity Primary Beneficiary | 206,594 | 325,256 | 282,189 | 592,940 |
| Loan originations and investment purchases of consolidated entities | 0 | 0 | - | 4,766 |
| Settlement of sale of msrs and msr financing receivables | 81 | 1,860 | -2,057 | 5,557 |
| Proceeds from sale of reo | 5,236 | 9,321 | 9,711 | 6,113 |
| Net cash provided by (used in) investing activities | 625,618 | 1,901,199 | -1,304,457 | -337,627 |
| Repayments of secured financing agreements | 11,357,413 | 15,978,651 | 16,278,892 | 8,884,025 |
| Repayments of warehouse credit facilities including those related to the initial consolidation of clos | 21,074,711 | 18,814,045 | 16,474,309 | 19,464,454 |
| Repayment of unsecured notes | 0 | 291,476 | 0 | 0 |
| Net settlement of margin deposits under repurchase agreements and derivatives | -64,201 | 84,871 | -266,206 | 611,229 |
| Repayments of secured notes and bonds payable | 1,318,477 | 1,716,883 | 2,095,661 | 1,280,313 |
| Deferred financing fees | 276 | 1,812 | 14,750 | 6,991 |
| Dividends paid on common and preferred stock | 160,592 | 159,208 | 156,970 | 588,058 |
| Borrowings under secured financing agreements | 10,506,023 | 13,989,833 | 17,282,561 | 8,927,928 |
| Borrowings under warehouse credit facilities | 22,567,510 | 19,892,011 | 15,470,945 | 20,411,400 |
| Borrowings under residential transition loans financing | 88,422 | - | - | - |
| Borrowings under notes receivable financing | 0 | 0 | - | 364,977 |
| Borrowings under secured notes and bonds payable | 1,092,483 | 1,448,574 | 1,835,740 | 5,529,900 |
| Proceeds from issuance of unsecured senior notes | 0 | 495,000 | 0 | 0 |
| Proceeds from issuance of debt obligations of consolidated entities | 703,042 | 0 | 0 | 718,055 |
| Repayments of debt obligations of consolidated entities | 105,870 | 62,650 | 108,223 | 127,040 |
| Issuance of common stock | 290,665 | 0 | 107,412 | 507 |
| Issuance of preferred stock | 184,015 | - | - | - |
| Repurchase of preferred stock | 0 | 0 | 50,000 | 0 |
| Net proceeds from issuance of class a units of spac | 0 | 0 | 230,000 | - |
| Contributions from noncontrolling and redeemable noncontrolling interests | 35,215 | 3,521 | 45,802 | 4,416 |
| Distributions to noncontrolling and redeemable noncontrolling interests | 3,308 | 3,150 | 3,908 | 9,684 |
| Payment of contingent consideration | - | - | - | 0 |
| Purchase of noncontrolling interest | 0 | 0 | - | 0 |
| Net cash provided by financing activities | 1,510,929 | -1,283,807 | 55,953 | 2,005,382 |
| Net increase in cash, cash equivalents and restricted cash | 94,890 | 60,312 | 172,763 | -85,603 |
| Cash and cash equivalents at beginning of period | 2,150,884 | 2,090,572 | 1,917,809 | 2,003,412 |
| Cash and cash equivalents at end of period | 2,245,774 | 2,150,884 | 2,090,572 | 1,917,809 |
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