Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 314

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 314
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 5.8 %3.6$26,076,708 (A)Net of deferred financing costs.(B)Debt obligations with a stated maturity through the date of issuance of the consolidated financial statements were refinanced, extended or repaid.(C)Associated with accrued interest payable of approximately $239.4 million and $142.3 million as of December 31, 2024 and 2023, respectively. (D)Based on SOFR interest rates. Includes repurchase agreements and related collateral on non-Agency securities retained through consolidated securitizations.(E)All SOFR- or Euro Interbank Offered Rate (EURIBOR)-based floating interest rates.(F)Repurchase agreements are based on a fixed-rate. Collateral carrying value includes margin deposits.(G)Includes $4.6 billion of MSR notes with an interest equal to the sum of (i) a floating rate index equal to SOFR and (ii) a margin ranging from 2.5% to 3.3%; and $1.3 billion of MSR notes with fixed interest rates ranging 3.0% to 7.4%. The outstanding face amount of the collateral represents the UPB of the residential mortgage loans underlying the MSRs and MSR financing receivables securing these notes.(H)Includes $1,868.7 million of debt with an interest rate equal to the sum of (i) a floating rate index equal to SOFR and (ii) a margin ranging from 1.6% to 3.0%; and $1,020.0 million of debt with fixed interest rates ranging 3.9% to 5.7%. Collateral includes servicer advance investments, as well as servicer advances receivable related to the MSRs and MSR financing receivables owned by NRM and Newrez.(I)Includes (i) SpringCastle debt, which is primarily composed of the following classes of asset-backed notes held by third parties: $148.6 million UPB of Class A notes with a coupon of 2.0% and $53.0 million UPB of Class B notes with a coupon of 2.7% and (ii) $383.4 million of debt collateralized by the Marcus loans with an interest rate of SOFR plus a margin of 2.4%.(J)Includes $740.6 million of fixed rate notes which bear interest ranging from 3.5