Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 286

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 286
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 5.4 %0.3The following table summarizes purchases and sales of Agency and Treasury securities:Year Ended December 31,202420232022Treasury(A)AgencyTreasury(A)AgencyTreasury(A)AgencyPurchases:Face$8,825,000 $1,280,545 $1,055,000 $3,373,770 $— $16,479,286 Purchase price8,813,058 1,249,562 1,028,051 3,350,588 — 16,314,613 Sales:Face$5,500,000 $2,556,839 $— $1,691,131 $— $16,515,951 Amortized cost5,481,688 2,536,357 — 1,671,349 — 16,759,658 Sale price5,499,395 2,583,782 — 1,614,293 — 15,026,290 Gain (loss) on sale17,707 47,425 — (57,056)— (1,733,368)(A)Excludes Treasury short sales and purchases to cover short sale liabilities. Refer to Note 17 for information regarding short sales.

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

As of December 31, 2024, Rithm Capital had no unsettled trades. See Note 18 regarding the financing of government and government-backed securities.

7. RESIDENTIAL MORTGAGE LOANS

Rithm Capital accumulates its residential mortgage loan portfolio through originations, bulk acquisitions and the execution of call rights. A majority of the residential mortgage loan portfolio is serviced by Newrez.Loans are accounted for based on Rithm Capital’s strategy and intent for the loan and on whether the loan was credit-impaired at the date of acquisition. As of December 31, 2024, Rithm Capital accounts for loans based on the following categories:•Loans held-for-investment (“HFI”), at fair value•Loans held-for-sale (“HFS”), at lower of cost or fair value•Loans HFS, at fair value•Investments of consolidated CFEs represent mortgage loans held by certain mortgage securit