Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 175

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 175
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027 7,996 5.8 %25.8$3,038,587 Residential mortgage loans, HFI, at fair value396,061 361,890 7,405 8.4 %4.5379,044 Residential Mortgage Loans, HFS:Acquired performing loans(C)56,469 51,011 1,668 7.7 %4.457,038 Acquired non-performing loans(D)19,403 15,659 234 9.1 %5.721,839 Total Residential Mortgage Loans, HFS$75,872 $66,670 1,902 8.1 %4.7$78,877 Residential Mortgage Loans, HFS, at Fair Value:Acquired performing loans(C)(E)$422,680 $408,421 1,679 5.8 %20.5$400,603 Acquired non-performing loans(D)(E)294,104 270,879 1,311 4.8 %27.1204,950 Originated loans3,557,836 3,628,271 11,530 6.7 %29.11,856,312 Total Residential Mortgage Loans, HFS, at Fair Value$4,274,620 $4,307,571 14,520 6.5 %28.1$2,461,865 

(A)For loans classified as Level 3 in the fair value hierarchy, the weighted average life is based on the expected timing of the receipt of cash flows. For Level 2 loans, the weighted average life is based on the contractual term of the loan. 

(B)Residential mortgage loans of consolidated CFEs are classified as Level 2 in the fair value hierarchy and valued based on the fair value of the more observable financial liabilities under the CFE election.

(C)Performing loans are generally placed on non-accrual status when principal or interest is 90 days or more past due.

(D)As of December 31, 2024, Rithm Capital has placed non-performing loans, HFS on non-accrual status except, as described in (E) below.

(E)Includes $245.8 million and $281.6 million UPB of Ginnie Mae early buyout options performing and non-performing loans, respectively, on accr