XNYS
RITM
Market cap5.63bUSD
Aug 28, Last price
10.08USD
Name
Rithm Capital Corp
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Profile
New Residential Investment Corp. functions as a U.S.-based real estate investment trust (REIT). Its operations are segmented across areas such as loan origination, servicing, investments tied to mortgage servicing rights (MSRs), residential mortgage-backed securities, various property and loan holdings, consumer lending, direct mortgage loans, and general corporate activities. The company's investment portfolio is diverse, comprising mortgage servicing rights, mortgage origination and servicing enterprises, residential mortgage-backed securities, properties and different loan types, consumer loans, and other opportunistic ventures. As a recognized REIT for federal income tax purposes, it generally incurs no federal corporate income tax, provided it disperses a minimum of 90% of its taxable income to shareholders. New Residential Investment Corp. was established in 2011 and maintains its headquarters in New York, New York.
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