Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 250

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 250
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 mortgage servicing amount on non-performing loans in Agency portfolios.(B)Includes Treasury Bills classified as Level 1 and held at amortized cost basis of $24.8 million (see Note 6).(C)Represents assets and notes issued by consolidated VIEs accounted for under the CFE election.(D)Includes $185.5 million of SCFT 2020-A (as defined in Note 20) MBS as of December 31, 2024, for which the FVO for financial instruments was elected.(E)The table excludes cash and other short-term receivables and payables for which the carrying value approximates fair value due to their short term nature and are classified within Level 1.

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

The following table summarizes the changes in the Company’s Level 3 financial assets for the periods presented:Level 3Excess MSRs(A)MSRs and MSR Financing Receivables(A)Servicer Advance InvestmentsNon-Agency SecuritiesCLOs(B)Residential Mortgage LoansConsumer LoansOther Assets(C)Residential Transition Loans(D)TotalBalance at December 31, 2024$369,162 $10,321,671 $339,646 $552,797 $810,431 $455,726 $665,565 $700,942 $3,140,267 $17,356,207 Transfers:Transfers out of Level 3(I)— — — — (412,268)(858)— — — (413,126)Transfers to Level 3— — — — 21,809 2,081 — — — 23,890 Gain (Loss) Included in Net Income:Credit losses on securities(E)— — — 102 — — — — — 102 Servicing Revenue, Net(F):Included in servicing revenue(F)— (538,282)— — — — — — — (538,282)Fair Value Adjustments Due to:Other factors(E)(915)— (1,693)1,903 — 10,012 (10,810)23,534 3,010 25,041 Instrument