Business Description
Rithm Capital Corp. is a New York-based asset management company specializing in real estate credit and financial services across the United States. The company holds a broad range of investments, including residential mortgage loans, single-family rental properties, and consumer loans, while also originating and servicing both government-backed and non-government-backed home loans. Structured as a real estate investment trust, Rithm distributes the majority of its taxable income to shareholders, which allows it to avoid federal corporate income tax. Originally founded in 2011 as New Residential Investment Corp., the company rebranded as Rithm Capital Corp. in August 2022.
