Company: RITM-PC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001556593-25-000024
Chunk: 96

Company: Rithm Capital Corp.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 96
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 regarding the financing of MSRs and servicer advances receivable. 

23

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

6. GOVERNMENT AND GOVERNMENT-BACKED SECURITIES

Government and government-backed securities include Agency securities issued by the GSEs or Ginnie Mae and U.S. Treasury (“Treasury”) securities. The following table summarizes Agency and Treasury securities classified as available-for-sale (“AFS”) or measured under the Fair Value through Net Income (“FVO”) election:June 30, 2025December 31,2024Gross UnrealizedWeighted AverageOutstanding Face AmountGainsLossesCarrying Value(A)Number of SecuritiesCouponYieldLife (Years)(B)Carrying Value(A)Securities Designated as AFS:Agency(C)(D)$67,150 $— $— $60,066 1 3.5 %3.5 %11.3$60,135 Securities Measured at FVO:Agency(C)7,650,280 68,078 (8,257)7,526,623 23 5.1 %5.1 %8.16,390,508Treasury(C)1,250,000 2,773 — 1,257,422 1 4.6 %4.6 %1.03,260,703Total / Weighted Average$8,967,430 $70,851 $(8,257)$8,844,111 25 5.0 %5.0 %7.1$9,711,346 (A)Fair value is equal to the carrying value for all securities. See Note 19 regarding the fair value measurements.(B)Based on the timing of expected principal reduction on the underlying assets.(C)All fixed-rate as of June 30, 2025.(D)Expected loss is realized through allowance for credit losses. The following table summarizes Treasury securities classified as held-to-maturity (“HTM”):June 30, 2025December 31,2024Weighted AverageOutstanding Face AmountAmortized Cost / Carrying ValueFair Value (A)Unrecognized Gains /(Losses)Number of SecuritiesYieldLife (Years)Amortized