Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 327

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 327
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 — 959,958 — 959,958 Notes payable of consolidated CFEs - loan securitizations(C)3,402,823 3,228,957 — 2,369,934 859,023 — 3,228,957 $35,744,919 $1,259 $21,742,795 $14,056,371 $— $35,800,425 (A)The notional amount represents the total UPB of the residential mortgage loans underlying the MSRs, MSR financing receivables, Excess MSRs and excess spread financing. Rithm Capital does not receive an excess mortgage servicing amount on non-performing loans in Agency portfolios.(B)Includes Treasury Bills classified as Level 1 and held at amortized cost basis of $24.8 million (see Note 6).(C)Represents assets and notes issued by consolidated VIEs accounted for under the CFE election.(D)Includes $185.5 million of SCFT 2020-A (as defined in Note 20) MBS as of December 31, 2024, for which the FVO for financial instruments was elected.

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

The carrying values and fair values of assets and liabilities recorded at fair value on a recurring basis, as well as other financial instruments for which fair value is disclosed, as of December 31, 2023 were as follows:Principal Balance or Notional AmountCarrying ValueFair ValueLevel 1Level 2Level 3NAVTotalAssets:Excess MSRs(A)$60,049,904 $271,150 $— $— $271,150 $— $271,150 MSRs and MSR financing receivables(A)528,434,509 8,405,938 — — 8,405,938 — 8,405,938 Servicer advance investments320,630 376,881 — — 376,881 — 376,881 Government and government-backed securities(B)8,615,260 8,557,683 24,566 8,533,130 — — 8,557,696 Non-Agency securities and CLOs9,971,779