Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 129

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 129
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 Capital Corp. The obligations and liabilities of VIEs may only be satisfied with the assets of the respective consolidated VIEs, and creditors of the VIE do not have recourse to Rithm Capital Corp.As of September 30, 2025, Rithm Capital has margin exposure on $16.5 billion of secured financing agreements. To the extent that the value of the collateral underlying these secured financing agreements declines below the collateral margin trigger, Rithm Capital may be required to post margin, which could significantly impact its liquidity.The following table summarizes activities related to the carrying value of secured debt obligations:Servicer Advances and Excess MSRs(A)MSRsGovernment and Government-Backed and Other SecuritiesResidential Mortgage Loans and REOConsumer LoansSFR Properties and CommercialRTLsAsset Management, CLOs and Consolidated FundsTotalBalance at December 31, 2024$3,110,437 $5,838,250 $10,527,433 $6,605,267 $564,791 $795,601 $2,606,330 $1,221,348 $31,269,457 Secured Financing Agreements:Borrowings— — 41,778,417 54,963,477 — — 2,878,614 88,375 99,708,883 Repayments(6,241)— (43,614,956)(53,656,248)— (76,905)(2,594,159)(29,512)(99,978,021)Foreign exchange ("FX") remeasurement— — — — — — — 25,335 25,335 Capitalized deferred financing costs, net of amortization338 — — — — — — (317)21 Secured Notes and Bonds Payable:Borrowings2,064,447 2,000,504 30,000 — 191,739 79,119 — 10,988 4,376,797 Repayments(2,506,943)(2,295,651)— — (255,067)(1,463)— (71,897)(5,131,021)FX remeasurement— — — — — — — 224 224 Unrealized loss on notes, fair value— — — — 494