Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 370

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 370
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0.5 %

(A)Includes GSE and Non-Agency MSRs of $22.6 billion and $34.2 billion underlying UPB, respectively, serviced by third-party subservicers.

(B)Based on the weighted average of information provided by the loan servicer on a monthly basis. The loan servicer generally updates the FICO score when loans are refinanced or become delinquent. 

(C)Represents the percentage of the total principal balance of the pool that corresponds to adjustable rate mortgages.

(D)Represents the annualized rate of the prepayments during the quarter as a percentage of the total principal balance of the pool.

(E)Represents the annualized rate of the voluntary prepayments during the quarter as a percentage of the total principal balance of the pool.

(F)Represents the annualized rate of the involuntary prepayments (defaults) during the quarter as a percentage of the total principal balance of the pool.

(G)Represents the percentage of the total principal balance of the pool that corresponds to loans that are delinquent by 90 or more days.

Government and Government-Backed Securities

Our government and government-backed securities consist of Agency RMBS and U.S. Treasury securities. 

The following table summarizes our Agency RMBS and U.S. Treasury securities portfolio as of and for the six months ended June 30, 2025 (dollars in thousands):

Gross UnrealizedAsset TypeOutstanding Face AmountAmortized Cost BasisGainsLossesCarryingValue(A)CountWeighted Average Life (Years)3-Month CPR(B)Outstanding Repurchase AgreementsAgency RMBS$7,717,430 $7,526,868 $68,078 $(8,257)$7,586,689 24 8.17.4 %$7,417,478 Treasury securities1,275,000 1,279,417 2,773 — 1,282,190 2 1.0 N/A 1,253,420 Total / Weighted Average$8,992,430 $8,806,285 $70,851 $(8,257)$8,868,879 26 7.1$8,670,898 

(A)Agency RMBS are held at fair value under the fair value option (“FVO”) election. Treasury securities include $24.8 million of short-term Treasury bills held-to-maturity at amortized cost with the remaining