Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 271

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 8
Chunk 271
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:September 30, 2025December 31, 2024Days Past DueUPBCarrying Value(A)Carrying Value Over (Under) UPBUPBCarrying Value(A)Carrying Value Over (Under) UPBSpringCastle:Current$168,873 $175,000 $6,127 $203,923 $214,746 $10,823 90+3,285 3,365 80 4,383 4,562 179 Total SpringCastle172,158 178,365 6,207 208,306 219,308 11,002 Marcus:Current$198,115 $198,709 $594 $438,712 $438,712 $— 90+140,933 14,298 (126,635)120,605 7,545 (113,060)Total Marcus339,048 213,007 (126,041)559,317 446,257 (113,060)Upgrade:Current$218,897 $206,699 $(12,198)$— $— $— 90+81 76 (5)— — — Total Upgrade218,978 206,775 (12,203)— — — $730,184 $598,147 $(132,037)$767,623 $665,565 $(102,058)(A)Consumer loans are carried at fair value. See Note 19 regarding fair value measurements.The following table summarizes the activity for consumer loans for the period:Balance at December 31, 2024$665,565 Additional fundings(A)16,820 Purchases220,962 Proceeds from repayments(315,250)Accretion of loan discount and premium amortization, net3,157 Fair Value Adjustments due to:Changes in instrument-specific credit risk(12,263)Other factors19,156 Balance at September 30, 2025$598,147 (A)Represents draws on consumer loans with revolving privileges.

29 

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

9. SINGLE-FAMILY RENTAL PROPERTIES

Rithm Capital invests in and manages a ge