Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 197

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 197
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 a Percent of TotalNoncontrolling Interest in Income (Loss) of Consolidated SubsidiariesAdvance Purchaser$2,380 10.7 %$254 $(9,584)10.7 %$(1,026)Newrez Joint Ventures1,851 49.5 %916 1,712 49.5 %847 Consumer Loan Companies(A)(883)— %— 2,991 — %— Excess MSRs2,500 20.0 %500 (547)20.0 %(109)Other investments2,580 23.5 %700 120 N/A12 Asset management6,025 n/m(B)961 (2,538)n/m(B)2,115 Nine Months Ended September 30,20252024Net Income (Loss)Others’ Ownership Interest as a Percent of TotalNoncontrolling Interest in Income (Loss) of Consolidated SubsidiariesNet Income (Loss)Others’ Ownership Interest as a Percent of TotalNoncontrolling Interest in Income (Loss) of Consolidated SubsidiariesAdvance Purchaser$3,490 10.7 %$372 $(1,212)10.7 %$(131)Newrez Joint Ventures4,547 49.5 %2,251 3,874 49.5 %1,918 Consumer Loan Companies(A)(1,702)— %— (2,136)46.5 %(2,384)Excess MSRs7,264 20.0 %1,452 22,635 20.0 %4,527 Other investments6,860 23.5 %1,891 120 N/A12 Asset management(58,875)n/m(B)1,620 (2,551)n/m(B)4,310 (A)On June 28, 2024, Rithm Capital purchased the remaining 46.5% interest in the Consumer Loan Companies from the co-investor for a total purchase price of $22.0 million. Following the acquisition, Rithm Capital owns 100% interest in the Consumer Loan Companies.(B)Percentages in the table above deemed “n/m” are not meaningful. Noncontrolling interests related to asset management investments represent the ownership interests in certain funds held by entities or persons other than the Company. These interests substantially relate