Company: RITM-PC
Filing Date: 2025-09-19
Form Type: 424B5
Source: 0001140361-25-035596
Chunk: 8

Company: Rithm Capital Corp.
Filing Date: 2025-09-19
Form: 424B5
Chunk 8
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 to short-term loans and balloon payments, risks related to construction loans and concentration risk; |

| • | risks associated with our single-family rental (“SFR”) business, including, but not limited to, the impact of seasonal fluctuations, regulation of the SFR industry, significant competition in the leasing market for quality residents and fixed costs related to the SFR industry, such as increasing property taxes, homeowners’ association fees and insurance costs; |

| • | risks related to the operations of our subsidiaries that are registered with the SEC as investment advisers under Investment Advisers Act of 1940, including Sculptor, RCM GA Manager LLC (“RCM Manager”) and Rithm Capital Advisors LLC (“RCA”), which imposes limits on our operations; |

| • | our ability to maintain our exclusion from registration under the Investment Company Act of 1940 (the “1940 Act”) and limits on our operations from maintaining such exclusion; |

| • | our ability to maintain our qualification as a REIT for U.S. federal income tax purposes and limits on our operations from maintaining REIT status; |

| • | risks related to the legislative/regulatory environment, including, but not limited to, the impact of regulation regarding corporate governance and public disclosure, changes in regulatory and accounting rules, U.S. government programs intended to grow the economy, future changes to tax laws, regulatory supervision by the Financial Stability Oversight Council, the federal conservatorship of the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac,” and together with Fannie Mae, “GSEs”), legislation that permits modification of the terms of residential mortgage loans and the impact of uncertainty surrounding regulatory oversight in the current administration; |

| • | the risk that actions by the GSEs, the Government National Mortgage Association (“Ginnie Mae,” collectively with the GSEs, the “Agencies”) or other regulatory initiatives or actions may adversely affect returns from investments in MSRs and Excess MSRs and may lower gain on sale margins; |

| • | risks associated with our indebtedness, including, but not limited to, our senior unsecured notes and related restrictive covenants and non-recourse long-term financing structures; |

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| • | our ability to obtain and maintain financing arrangements on terms favorable to us or at all, whether prompted by adverse changes in financing markets or otherwise; |

| • | increased focus related to environmental, social and governance issues, including, but not limited