Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 366

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 366
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 drawn on the facility.Additionally, the Company consolidates two CLO funds, managed by Sculptor, which in 2024, issued notes in the aggregate principal amount of $814.4 million, of which approximately $76.3 million, were retained by the Company and eliminated in consolidation. As of December 31, 2024, the consolidated notes payable due to third parties had a fair value of $735.9 million. The Company’s investments in CLOs are generally subordinated to other interests in the entities. Investors in the CLOs have no recourse against the Company for any losses incurred by the CLOs. The Company’s maximum exposure to loss is limited to the retained interest.See Note 18 and Note 19 regarding the financing and fair value measurements of consolidated funds, respectively.

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

The table below presents the carrying value and classification of the assets and liabilities of consolidated VIEs on the consolidated balance sheets:Advance PurchaserNewrez Joint VenturesResidential Mortgage LoansConsumer Loan CompaniesSculptor Loan Financing PartnersCommercial InvestmentsConsolidated CFEs(A)TotalDecember 31, 2024Loan Securitizations - Residential Transition LoansLoan Securitizations - Residential Mortgage LoansConsolidated FundsAssets:Servicer advance investments, at fair value$339,646 $— $— $— $— $— $— $— $— $339,646 Residential mortgage loans, HFS, at fair value— — 496,420 — — — — — — 496,420 Consumer loans— — — 219,308 — — — — — 219,308 Assets of consolidated CFEs - investments— — — — — — 962,192 2,791,027 1,118,359 4,871,578 Cash and cash equivalents5,163 21,023 — — 10,314 1,482 — — — 37,982 Restricted cash6,727 — 6,087 6,042 — — 7,172 17,293 126,158 169,479 Other assets4 452