Rithm Capital Corp is a company that invests in and provides services to the real estate and financial industries. They aim to generate attractive returns while managing risk by investing in various assets and businesses, regardless of interest rates.
Rithm Capital’s investment portfolio consists of assets related to mortgage servicing such as full and excess MSRs and servicer advances, along with residential securities including associated call rights, and a variety of loans including single-family rental and consumer loans.
Rithm Capital was formerly known as New Residential Investment Corp and was established in 2013 to own mortgage servicing rights (MSRs). Since its inception, Rithm has grown significantly; its equity is now estimated at $7 billion, they have distributed over $4.3 billion in dividends, and currently manages multiple operating companies in addition to a varied investment portfolio.
In 2022, Rithm announced its expansion into private capital with the goal of diversifying its investment platform and creating new income streams for shareholders. By building out their asset manufacturing capabilities with companies like Newrez and Genesis Capital, along with developing tailored strategies to capture value from each venture, Rithm hopes to generate attractive returns and provide a successful platform for growth.
With its adaptable portfolio of investments, Rithm Capital seeks to be the premier provider of services and solutions in the real estate and financial industries. By building on its track record of success, Rithm aspires to create value for all stakeholders.
Conclusion
Rithm Capital Corp is an innovative and successful company that seeks to generate attractive returns while managing risk in the real estate and financial industries. With its varied portfolio of investments, asset manufacturing capabilities, and strategies tailored to capture value from each venture, Rithm hopes to provide a platform for sustainable growth. By creating value and earning income for shareholders, Rithm Capital aspires to be the premier provider of services and solutions in these industries.