Introduction Rithm Capital Corp. (NYSE:RITM) posted solid Q2 results with earnings above the dividend and a small book value gain. Management continues to execute well, and I believe they are quite good. Shares look fairly priced at current levels. Commentary Quarterly BV Fluctuation: Minor Outperformance (1.3% Variance). Adjusted Core Earnings/EAD: Nearly an Exact Match – Very Minor Outperformance ($0.012 Variance). A largely “as expected” quarter regarding Rithm Capital’s BV, in my opinion. If anything ...