Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 47

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 47
---
)(dollars in tables in thousands, except share and per share data)

GeneralCertain of the debt obligations included above are obligations of Rithm Capital’s consolidated subsidiaries, which own the related collateral. In some cases, such collateral is not available to other creditors of Rithm Capital Corp. The obligations and liabilities of CFEs may only be satisfied with the assets of the respective consolidated CFEs, and creditors of the CFE do not have recourse to Rithm Capital Corp.As of March 31, 2025, Rithm Capital has margin exposure on $16.8 billion of secured financing agreements. To the extent that the value of the collateral underlying these secured financing agreements declines, 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 debt obligations:Servicer Advances(A)MSRsGovernment and Government-Backed and Other SecuritiesResidential Mortgage Loans and REOConsumer LoansSFR Properties and CommercialResidential Transition LoansAsset 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— — 17,282,561 14,370,625 — — 1,081,074 19,246 32,753,506 Repayments— — (16,278,892)(15,507,397)— (69,453)(894,240)(3,219)(32,753,201)Foreign exchange ("FX") remeasurement— — — — — — — 8,455 8,455 Capitalized deferred financing costs, net of amortization113 — — — — — — (105)8 Secured Notes and Bonds Payable:Borrowings815,727 928,504 10,030 — — 79,119 — 2,360 1,835,740 Repayments(1,001,150)(984,742)— — (99,863)— — (9,906)(2,095,661)FX remeasurement— —