Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 213

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 213
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 Value Over (Under) UPBUPBCarrying ValueCarrying Value Over (Under) UPBCurrent$3,149,818 $3,186,176 $36,358 $4,377,435 $4,400,113 $22,678 90+354,924 324,177 (30,747)369,118 336,018 (33,100)Total$3,504,742 $3,510,353 $5,611 $4,746,553 $4,736,131 $(10,422)

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

The following table summarizes the activity of residential mortgage loans, HFS and residential mortgage loans, HFI, at fair value on the consolidated balance sheets:Loans HFI, at Fair ValueLoans HFS, at Lower of Cost or Fair ValueLoans HFS, at Fair ValueTotal Balance at December 31, 2024$361,890 $66,670 $4,307,571 $4,736,131 Originations — — 11,879,050 11,879,050 Sales— — (13,558,301)(13,558,301)Purchases/additional fundings— — 476,410 476,410 Proceeds from repayments(10,287)(2,223)(24,210)(36,720)Transfer of loans from (to) other assets(A)— (579)10,982 10,403 Transfer of loans to REO(846)(128)(184)(1,158)Valuation (provision) reversal on loans— 508 — 508 Fair Value Adjustments Due To:Changes in instrument-specific credit risk(1,353)— (4,593)(5,946)Other factors4,599 — 5,377 9,976 Balance at March 31, 2025$354,003 $64,248 $3,092,102 $3,510,353 (A)Includes receivable modifications resulting in transfers between other assets and residential mortgage loans.Gain on Originated Residential Mortgage Loans, HFS, NetNewrez originates conventional, government-insured and