Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 233

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 233
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5 million loss for the three months ended March 31, 2025 and 2024, respectively, reflected as gain (loss) on settlement of residential mortgage loan origination derivative instruments presented within gain on originated residential mortgage loans, HFS, net (Note 7) in the consolidated statements of operations.

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

18. DEBT OBLIGATIONS

The following table summarizes secured financing agreements, secured notes and bonds payable and also includes notes payable of consolidated CFEs:March 31, 2025December 31, 2024CollateralDebt Obligations/Collateral(C)Outstanding Face AmountCarrying Value(A)Final Stated Maturity(B)Weighted Average Funding CostWeighted Average Life (Years)Outstanding FaceAmortized Cost BasisCarrying ValueWeighted Average Life (Years)Carrying Value(A)Secured Financing Agreements:Warehouse credit facilities - residential mortgage loans(D)$3,098,561 $3,098,561 Apr-25 to Mar-285.9 %0.8$3,453,730 $3,523,244 $3,482,020 24.9$4,235,333 Warehouse credit facilities - residential transition loans(E)1,734,141 1,734,141 Aug-25 to Mar-286.8 %2.21,982,233 1,987,065 1,987,065 1.11,547,307 Government and government-backed securities(F)10,762,429 10,762,429 Apr-25 to Mar-264.7 %0.311,145,808 10,965,384 11,129,841 6.09,782,976 Non-Agency securities(D)768,673 768,673 Feb-306.3 %0.615,303,080 1,087,771 1,153,601 5.1744,457 Excess MSRs(E)223,241 222,565 Sep-266.7 %1.452,144,523 291,133 334,201 6.0222,452 CLOs(E)196,721 195,