Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 154

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 154
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5, transfers out of Level 3 to Level 2 were primarily due to increased price transparency.(B)See Note 5 for further details on the components of servicing revenue, net.(C)Gain (loss) recorded in earnings during the period is attributable to the change in unrealized gain (loss) relating to Level 3 financial liabilities still held at the reporting dates and realized gain (loss) recorded during the period. The full fair value change during the period was due to factors other than instrument-specific credit risk.

54 

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

Level 3Asset-Backed Securities IssuedNotes Payable of CFEs - Consolidated FundsNotes Payable of CFEs - Residential Transition LoansMSR Financing LiabilityNotes Receivable Financing LiabilityTotalBalance at June 30, 2024$205,286 $221,801 $451,682 $116,142 $352,683 $1,347,594 Transfers:Transfers to Level 3— — — — 20,359 20,359 Gains (Losses) Included in Net Income:Servicing revenue, net(A)— — — (8,618)— (8,618)Other income (loss)(B)4,263 (4,542)4,660 — — 4,381 Purchases, Issuance and Repayments:Issuance— — 407,700 — — 407,700 Repayments(12,315)— — — — (12,315)Other— — (1,662)— — (1,662)Balance at September 30, 2024$197,234 $217,259 $862,380 $107,524 $373,042 $1,757,439 (A)See Note 5 for further details on the components of servicing revenue, net.(B)Gain (loss) recorded in earnings during the period is attributable to the change in unrealized gain (loss) relating to Level 3 financial liabilities still held at the reporting dates and realized gain (loss) recorded during the period. The full fair value change during the period was due to factors other than instrument-specific credit risk