Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 371

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 371
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33,748 Excess MSRs136,645 20.0 %27,329 — — %— Commercial investments50,778 10.0 %4,608 — — %— Asset management844,669 n/m(B)39,942 633,262 n/m(B)40,971 Others’ interests in the net income (loss) is computed as follows:     Year Ended December 31,202420232022Net 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 SubsidiariesNet Income (Loss)Others’ Ownership Interest as a Percent of TotalNoncontrolling Interest in Income (Loss) of Consolidated SubsidiariesAdvance Purchaser$1,221 10.7 %$129 $7,978 10.7 %$852 $26,685 10.7 %$2,850 Newrez Joint Ventures5,159 49.5 %2,554 1,174 49.5 %581 5,487 49.5 %2,716 Consumer Loan Companies(A)3,153 46.5 %(2,384)14,235 46.5 %6,619 49,892 46.5 %23,200 Excess MSRs26,450 20.0 %5,290 — N/A— — N/A— Commercial investments981 9.7 %98 — N/A— — N/A— Asset management27,370 n/m(B)4,302 — n/m(B)— — n/m(B)— (A)On June 28, 2024, Rithm Capital purchased the remaining 46.5% interest in the Consumer Loan Companies from Blackstone for a total purchase price of $22.0 million. Following the acquisition, Rithm Capital owns 100% interest in the Consumer Loan Companies.(B)Percentage in the table above deemed “n/m” are not meaningful. Noncontrolling interests related to asset management investments represents the ownership interests in certain funds held by entities or persons other than the Company. These interests substantially