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FAIR VALUE MEASUREMENTS - Schedule of Carrying Values and Fair Values of Financial Assets and Liabilities Recorded at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Assets:        
MSRs and MSR financing receivables $ 9,300,989 $ 8,405,938    
Residential mortgage loans, HFS [1] 3,185,873 2,540,742    
Residential mortgage loans, HFS, at fair value 3,115,934 2,461,865    
Residential mortgage loans subject to repurchase 2,409,992 1,782,998 $ 1,443,546  
Derivative and Hedging Assets: 50,514 28,080    
Notes receivable 384,126      
Loans receivable 29,114      
Cash, cash equivalents and restricted cash 2,003,412 1,697,095 $ 1,593,110 $ 1,629,328
Other assets 2,326,514 2,005,782    
Liabilities:        
Residential mortgage loan repurchase liability 2,400,000      
Derivative liabilities 85,415 51,765    
Excess spread financing 107,524 0    
Notes receivable financing 367,373 0    
Notes payable of consolidated CFEs - funds 217,300      
US Treasury Bill Securities        
Liabilities:        
Amortized cost 24,700      
Recurring Basis        
Assets:        
Excess MSRs, principal balance 55,052,726      
MSRs and MSR financing receivables, principal balance 588,865,550      
Servicer advance investments, principal balance 297,741      
Government and government-backed securities, principal balance 10,091,127      
Non-agency securities and CLOs, principal balance 9,454,837      
Residential mortgage loans, HFS, principal balance 78,339      
Residential mortgage loans, HFS, at fair value, principal balance 3,057,651      
Residential mortgage loans, HFI, at fair value, principal balance 409,000      
Residential mortgage loans subject to repurchase, principal balance 2,409,992      
Consumer loans, principal balance 882,783      
Derivative and hedging assets, principal balance 15,903,606      
Mortgage loans receivable, principal balance 1,841,259      
Note receivable, principal balance 481,740      
Loans receivable, principal balance 29,114      
Equity investment, at fair value, principal balance 192,500      
Cash, cash equivalents and restricted cash 1,946,072      
Investments of consolidated CFEs - funds, principal balance 319,020      
Investments of consolidated CFEs - loan securitizations, principal balance 3,963,145      
Liabilities:        
Secured financing agreements, principal balance 15,359,853      
Secured notes and bonds payable, principal balance 9,467,281      
Unsecured notes, net of issuance costs, principal balance 1,293,911      
Residential mortgage loan repurchase liability, principal balance 2,409,992      
Derivative liabilities, principal balance 12,134,306      
Excess spread financing, principal balance 15,709,784      
Notes receivable financing, principal balance 371,446      
Notes payable of consolidated CFEs - funds, principal balance 222,250      
Notes payable of consolidated CFEs - loan securitizations, principal balance 3,501,010      
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset value 15,451,286 14,427,743    
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 1,757,439 772,925    
Recurring Basis | Asset-Backed Securities Issued        
Liabilities:        
Fair value, measurement with unobservable inputs reconciliation, recurring basis, liability value 197,234 $ 235,770    
Recurring Basis | Carrying Value        
Assets:        
Excess MSRs 375,923      
MSRs and MSR financing receivables 9,300,989      
Servicer advance investments 341,303      
Government and government-backed securities 10,134,897      
Non-Agency securities and CLOs 855,488      
Residential mortgage loans, HFS 69,939      
Residential mortgage loans, HFS, at fair value 3,115,934      
Residential mortgage loans, HFI, at fair value 378,032      
Residential mortgage loans subject to repurchase 2,409,992      
Consumer loans 805,577      
Derivative and Hedging Assets: 50,514      
Mortgage loans receivable 1,869,852      
Notes receivable 384,126      
Loans receivable 29,114      
Equity investment, at fair value 194,450      
Cash, cash equivalents and restricted cash 1,946,072      
Investments of consolidated CFEs - funds 350,623      
Investments of consolidated CFEs - loan securitizations 3,873,569      
Other assets 95,596      
Assets, fair value 36,581,990      
Liabilities:        
Secured financing agreements 15,357,630      
Secured notes and bonds payable 9,410,773      
Unsecured notes, net of issuance costs 1,200,791      
Residential mortgage loan repurchase liability 2,409,992      
Derivative liabilities 85,415      
Excess spread financing 107,524      
Notes receivable financing 367,373      
Notes payable of consolidated CFEs - funds 217,259      
Notes payable of consolidated CFEs - loan securitizations 3,382,544      
Liabilities, fair value 32,539,301      
Recurring Basis | Fair Value        
Assets:        
Excess MSRs 375,923      
MSRs and MSR financing receivables 9,300,989      
Servicer advance investments 341,303      
Government and government-backed securities 10,134,927      
Non-Agency securities and CLOs 855,488      
Residential mortgage loans, HFS 69,939      
Residential mortgage loans, HFS, at fair value 3,115,934      
Residential mortgage loans, HFI, at fair value 378,032      
Residential mortgage loans subject to repurchase 2,409,992      
Consumer loans 805,577      
Derivative and Hedging Assets: 50,514      
Mortgage loans receivable 1,869,852      
Notes receivable 384,126      
Loans receivable 29,114      
Equity investment, at fair value 194,450      
Cash, cash equivalents and restricted cash 1,946,072      
Investments of consolidated CFEs - funds 350,623      
Investments of consolidated CFEs - loan securitizations 3,873,569      
Other assets 95,596      
Assets, fair value 36,582,020      
Liabilities:        
Secured financing agreements 15,357,630      
Secured notes and bonds payable 9,888,638      
Unsecured notes, net of issuance costs 1,228,174      
Residential mortgage loan repurchase liability 2,409,992      
Derivative liabilities 85,415      
Excess spread financing 107,524      
Notes receivable financing 373,042      
Notes payable of consolidated CFEs - funds 217,259      
Notes payable of consolidated CFEs - loan securitizations 3,382,544      
Liabilities, fair value 33,050,218      
Recurring Basis | Fair Value | Level 1        
Assets:        
Excess MSRs 0      
MSRs and MSR financing receivables 0      
Servicer advance investments 0      
Government and government-backed securities 3,322,027      
Non-Agency securities and CLOs 0      
Residential mortgage loans, HFS 0      
Residential mortgage loans, HFS, at fair value 0      
Residential mortgage loans, HFI, at fair value 0      
Residential mortgage loans subject to repurchase 0      
Consumer loans 0      
Derivative and Hedging Assets: 0      
Mortgage loans receivable 0      
Notes receivable 0      
Loans receivable 0      
Equity investment, at fair value 0      
Cash, cash equivalents and restricted cash 1,946,072      
Investments of consolidated CFEs - funds 0      
Investments of consolidated CFEs - loan securitizations 0      
Other assets 0      
Assets, fair value 5,268,099      
Liabilities:        
Secured financing agreements 0      
Secured notes and bonds payable 0      
Unsecured notes, net of issuance costs 0      
Residential mortgage loan repurchase liability 0      
Derivative liabilities 2,207      
Excess spread financing 0      
Notes receivable financing 0      
Notes payable of consolidated CFEs - funds 0      
Notes payable of consolidated CFEs - loan securitizations 0      
Liabilities, fair value 2,207      
Recurring Basis | Fair Value | Level 2        
Assets:        
Excess MSRs 0      
MSRs and MSR financing receivables 0      
Servicer advance investments 0      
Government and government-backed securities 6,812,900      
Non-Agency securities and CLOs 210,383      
Residential mortgage loans, HFS 0      
Residential mortgage loans, HFS, at fair value 3,087,603      
Residential mortgage loans, HFI, at fair value 0      
Residential mortgage loans subject to repurchase 2,409,992      
Consumer loans 0      
Derivative and Hedging Assets: 11,459      
Mortgage loans receivable 0      
Notes receivable 0      
Loans receivable 0      
Equity investment, at fair value 0      
Cash, cash equivalents and restricted cash 0      
Investments of consolidated CFEs - funds 0      
Investments of consolidated CFEs - loan securitizations 2,956,663      
Other assets 0      
Assets, fair value 15,489,000      
Liabilities:        
Secured financing agreements 15,173,637      
Secured notes and bonds payable 0      
Unsecured notes, net of issuance costs 0      
Residential mortgage loan repurchase liability 2,409,992      
Derivative liabilities 60,196      
Excess spread financing 0      
Notes receivable financing 0      
Notes payable of consolidated CFEs - funds 0      
Notes payable of consolidated CFEs - loan securitizations 2,520,164      
Liabilities, fair value 20,163,989      
Recurring Basis | Fair Value | Level 3        
Assets:        
Excess MSRs 375,923      
MSRs and MSR financing receivables 9,300,989      
Servicer advance investments 341,303      
Government and government-backed securities 0      
Non-Agency securities and CLOs 645,105      
Residential mortgage loans, HFS 69,939      
Residential mortgage loans, HFS, at fair value 28,331      
Residential mortgage loans, HFI, at fair value 378,032      
Residential mortgage loans subject to repurchase 0      
Consumer loans 805,577      
Derivative and Hedging Assets: 39,055      
Mortgage loans receivable 1,869,852      
Notes receivable 384,126      
Loans receivable 29,114      
Equity investment, at fair value 194,450      
Cash, cash equivalents and restricted cash 0      
Investments of consolidated CFEs - funds 0      
Investments of consolidated CFEs - loan securitizations 916,906      
Other assets 95,596      
Assets, fair value 15,474,298      
Liabilities:        
Secured financing agreements 183,993      
Secured notes and bonds payable 9,888,638      
Unsecured notes, net of issuance costs 1,228,174      
Residential mortgage loan repurchase liability 0      
Derivative liabilities 23,012      
Excess spread financing 107,524      
Notes receivable financing 373,042      
Notes payable of consolidated CFEs - funds 217,259      
Notes payable of consolidated CFEs - loan securitizations 862,380      
Liabilities, fair value 12,884,022      
Recurring Basis | Fair Value | Net Asset Value (“NAV”)        
Assets:        
Investments of consolidated CFEs - funds 350,623      
Assets, fair value 350,623      
Liabilities:        
Liabilities, fair value $ 0      
[1] The Company’s consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) and certain other consolidated VIEs classified as collateralized financing entities (“CFEs”) that are presented separately and measured under the CFE election. VIE assets can only be used to settle obligations and liabilities of the VIEs. VIE creditors do not have recourse to Rithm Capital Corp. As of September 30, 2024 and December 31, 2023, total assets of such consolidated VIEs were $5.4 billion and $5.6 billion, respectively, and total liabilities of such consolidated VIEs were $4.4 billion and $4.7 billion, respectively. See Note 20 for further details.