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

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1
Chunk 10
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126,776 — 4,348,244 Total Liabilities26,693,512 5,898,595 2,637,429 1,663,461 1,269,650 38,162,647 Total Equity5,724,744 1,565,143 801,646 844,669 (1,049,892)7,886,310 Noncontrolling interests in equity of consolidated subsidiaries9,687 41,707 — 39,942 — 91,336 Total Rithm Capital Stockholders’ Equity$5,715,057 $1,523,436 $801,646 $804,727 $(1,049,892)$7,794,974 Investments in Equity Method Investees$24,488 $291,637 $13,352 $113,662 $— $443,139 December 31, 2023Investments$19,014,526 $3,144,814 $1,879,319 $— $— $24,038,659 Debt$17,116,565 $3,984,572 $1,537,008 $455,512 $546,818 $23,640,475 

(A)Includes assets and liabilities of certain consolidated variable interest entities (“VIEs”) that meet the definition of collateralized financing entities (“CFEs”). The obligations and liabilities of CFEs may only be satisfied with the assets of the respective consolidated CFEs, and creditors of the CFE do not have recourse to Rithm Capital Corp.

Origination and Servicing

Our Origination and Servicing businesses operate through our wholly-owned subsidiaries Newrez and New Residential Mortgage LLC (“NRM”). Newrez ranks in the top five of lenders and servicers in the U.S., according to Insider Mortgage Finance’s report for 2024. 

We have a multi-channel residential lending platform, offering purchase and refinance loan products. We believe that our multi-channel origination mortgage platform provides us with a competitive advantage and enables us to provide borrowers with various products to ultimately originate both purchase and refinance loans across different market conditions. As further described below, we originate loans through our Retail channel, offer purchase, refinance and closed-end second opportunities to eligible new and existing servicing customers through our Direct to Consumer channel and purchase originated loans through our Wholesale and Correspondent