Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 303

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 8
Chunk 303
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•Market corroborated inputs (derived principally from or corroborated by observable market data).Level 3 – Valuations based significantly on unobservable inputs.Investments in funds that are measured at fair value using net asset value (“NAV”) per share as a practical expedient are not categorized within the fair value hierarchy.Rithm Capital follows this hierarchy for its fair value measurements. The classifications are based on the lowest level of input that is significant to the fair value measurement. 

47 

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

The carrying values and fair values of assets and liabilities recorded at fair value on a recurring basis, as well as other financial instruments measured at amortized cost for which fair value is disclosed, as of September 30, 2025 were as follows:Principal Balance or Notional AmountCarrying ValueFair Value(E)Level 1Level 2Level 3NAVTotalAssets:Excess MSRs(A)$49,260,027 $334,668 $— $— $334,668 $— $334,668 MSRs and MSR financing receivables(A)596,093,013 10,389,766 — — 10,389,766 — 10,389,766 Servicer advance investments264,921 302,278 — — 302,278 — 302,278 Government and government-backed securities(B)8,585,928 8,562,825 24,788 8,538,035 — — 8,562,823 Non-Agency securities8,618,043 721,445 — — 721,445 — 721,445 Residential mortgage loans, HFS65,743 58,791 — — 58,791 — 58,791 Residential mortgage loans, HFS, at fair value5,763,203 5,888,611 — 5,863,074 25,537 — 5,888,611 Residential mortgage loans, HFI, at fair value360,448 334,589 — — 334,589 — 334,589 Residential mortgage loans subject to repurchase2,700,353 2,700,353 —