Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 60

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 60
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)1,182,640959,958— — 959,958 — 959,958 Notes payable of consolidated CFEs - loan securitizations(C)3,402,8233,228,957— 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.(E)The table excludes cash and other short-term receivables and payables for which the carrying value approximates fair value due to their short term nature and are classified within Level 1.

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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 changes in the Company’s Level 3 financial assets for the periods presented:Level 3Excess MSRs(A)MSRs and MSR Financing Receivables(A)Servicer Advance InvestmentsNon-Agency SecuritiesCLOs(B)Residential Mortgage LoansConsumer LoansOther Assets(C)Residential Transition Loans(D)TotalBalance at December 31, 2024$369,162 $10,321,671 $339,646 $552,797 $810,431 $455,726 $665,565 $700,942 $3,140,267 $17,356,207 Transfers:Transfers out of Level 3(I)— — — — (412,268)(858)— — — (413,126)Trans