Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 140

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 140
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 the fair value of the more observable liabilities of such trusts under the CFE election. The obligations and liabilities of CFEs may only be satisfied with the assets of the respective consolidated CFEs, and creditors of the CFE do not have recourse to Rithm Capital Corp.

As of March 31, 2025, we had approximately $3.5 billion outstanding face amount of loans included in residential mortgage loans, HFS and residential mortgage loans, HFI, at fair value on the consolidated balance sheets (see below). These investments 

90

were financed with secured financing agreements with an aggregate face amount of approximately $3.1 billion. We acquired these loans through open market purchases, loan origination through Newrez, bulk acquisitions and the exercise of call rights. 

The following table presents the total residential mortgage loans outstanding by loan type (dollars in thousands):

March 31, 2025December 31, 2024Outstanding Face AmountCarrying ValueLoanCountWeighted Average YieldWeighted Average Life (Years)(A)Carrying ValueInvestments of consolidated CFEs(B)$2,866,929 $2,703,112 7,503 5.8 %25.6$2,791,027 Residential mortgage loans, HFI, at fair value384,304 354,003 7,220 8.0 %4.7361,890 Residential Mortgage Loans, HFS:Acquired performing loans(C)54,503 49,558 1,629 7.0 %4.351,011 Acquired non-performing loans(D)18,138 14,690 219 9.4 %4.015,659 Total Residential Mortgage Loans, HFS$72,641 $64,248 1,848 7.6 %4.2$66,670 Residential Mortgage Loans, HFS, at Fair Value:Acquired performing loans(C)(E)$339,705 $328,564 1,582 5.8 %22.2$408,421 Acquired non-performing loans(D)(E)285,134 263,040 1,302 5.0 %27.5270,879 Originated loans2,422,958 2,500,498 8,556 6.8 %28.63,628,271 Total Residential Mortgage Loans, HFS,