Company: RITM-PC
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001556593-25-000016
Chunk: 245

Company: Rithm Capital Corp.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 245
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.Rithm Capital follows this hierarchy for its fair value measurements. The classifications are based on the lowest level of input that is significant to the fair value measurement. 

43

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

The carrying values and fair values of assets and liabilities recorded at fair value on a recurring basis, as well as other financial instruments measured at amortized cost for which fair value is disclosed, as of March 31, 2025 were as follows:Principal Balance or Notional AmountCarrying ValueFair Value(E)Level 1Level 2Level 3Net Asset Value (“NAV”)TotalAssets:Excess MSRs(A)$52,144,523 $354,923 $— $— $354,923 $— $354,923 MSRs and MSR financing receivables(A)591,114,997 10,133,041 — — 10,133,041 — 10,133,041 Servicer advance investments283,068 321,531 — — 321,531 — 321,531 Government and government-backed securities(B)11,170,808 11,048,701 3,296,798 7,751,904 — — 11,048,702 Non-Agency securities8,913,777 639,458 — — 639,458 — 639,458 Residential mortgage loans, HFS72,641 64,248 — — 64,248 — 64,248 Residential mortgage loans, HFS, at fair value3,047,797 3,092,102 — 3,065,669 26,433 — 3,092,102 Residential mortgage loans, HFI, at fair value384,304 354,003 — — 354,003 — 354,003 Residential mortgage loans subject to repurchase2,432,605 2,432,605 — 2,432,605 — — 2,432,605 Consumer loans663,117 554,168 — — 554,168 — 554,168 Derivative and hedging assets16,019,170 40,553