Rithm Capital Corp. completes acquisition of Computershare Mortgage Services Inc. to expand Newrez LLC's servicing portfolio
Rithm Capital Corp. completes acquisition of Computershare Mortgage Services Inc. to expand Newrez LLC's servicing portfolio
05/01/24, 8:24 PM
Location
melbourneIndustry
information services
information technology
Rithm Capital Corp. (NYSE: RITM) has successfully completed the acquisition of Computershare Mortgage Services Inc. and its affiliated companies, including Specialized Loan Servicing LLC. This strategic acquisition significantly expands Newrez LLC's servicing portfolio and subservicing platform, supporting Rithm's core strategy of building a leading mortgage banking franchise.
Company Info
Company info
Rithm Capital is an asset manager focused on the real estate and financial services industries. Rithm Capital’s investments in operating entities include leading origination and servicing platforms held through its wholly-owned subsidiaries, Newrez LLC, Caliber Home Loans Inc., and Genesis Capital LLC, as well as investments in affiliated businesses that provide residential and commercial real estate related services. The Company seeks to provide attractive risk-adjusted returns across interest rate environments. Since inception in 2013, Rithm Capital has delivered approximately $4.7 billion in dividends to shareholders. Rithm Capital is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes and is headquartered in New York City.