Rithm Capital Corp. reports developments across a real estate and credit platform that operates as a publicly traded REIT and global alternative asset manager. Its updates commonly cover asset-based finance, residential and commercial real estate lending, mortgage servicing rights, structured credit, and operating platforms including Newrez, Genesis Capital, Sculptor Capital Management, Crestline Investors, and Elecor Properties.
Recurring news themes include quarterly results, asset-management activity, debt financing, mortgage-backed securitization activity, Newrez mortgage origination and servicing developments, and market data tied to homeowners, insurance costs, credit scoring, and residential lending. Company announcements also describe capital allocation across investment portfolios, operating businesses, and real estate credit strategies.
Rithm Capital (NYSE:RITM) plans a private offering of $500 million in senior unsecured notes due 2031. The notes will be sold to qualified institutional buyers under Rule 144A and to certain investors outside the U.S. under Regulation S.
Net proceeds are intended for general corporate purposes, which may include repaying existing debt. The notes will not be registered under the U.S. Securities Act or other securities laws, and this announcement does not constitute an offer to sell or solicit purchases in any jurisdiction where unlawful.
KBRA assigned preliminary ratings to 10 classes of notes in New Residential Mortgage Loan Trust 2026-NQM6, a $490.1 million non-prime RMBS sponsored by Rithm Capital (NYSE: RITM).
The trust is collateralized by 930 residential mortgages, ~2 months seasoned, WA original credit score 755, WA LTV and CLTV 71.8%, and is 62.7% originated and serviced by NewRez LLC.
Knoa Pharma (V) began operations on May 1, 2026 as a public health–focused pharmaceutical company wholly owned by the not‑for‑profit Knoa Foundation (a 501(c)(4)).
The company will manufacture existing medicines, including opioid analgesics, under a strict operating injunction with independent monitoring, will not promote opioid products, and will use value generated to fund opioid abatement and no‑profit access to overdose reversal and OUD treatments.
Newrez (NYSE:RITM) analyzed ~1.2 million serviced mortgage loans and found the average annual homeowners insurance premium rose 64% from $1,597 (year-end 2021) to $2,625 (year-end 2025), with growth slowing to 10% in 2025 — the slowest annual increase since 2021.
Regional results: Louisiana had the highest 2025 average premium ($4,238); Arizona saw the largest 2021–2025 increase (+94%). Newrez cites Zillow data showing home values rose ~$50,000 from 2021–2025, and partner Matic reports average savings of $928 for customers who switched carriers through its platform.
Rithm Capital (NYSE: RITM) reported Q1 2026 results: GAAP net income $67.8M ($0.12 diluted), earnings available for distribution $289.6M ($0.51 diluted), and a $0.25 common dividend. Book value per common share was $12.51. Key business metrics: Newrez operating pre-tax income $273.7M and 19% annualized operating ROE, servicing UPB $850B, Genesis originations $1.6B (+80% YoY), and AUM approx. $59B.
Rithm Capital (NYSE: RITM) rebranded its Paramount Group commercial real estate platform as Elecor Properties, positioning it as a premier real assets workplace operator. Rithm and JV partners plan approximately $250 million in capital improvements across trophy office assets in New York City and San Francisco.
Elecor recorded a record 1.74 million square feet of leasing in 2025; leadership remains in place with Peter Brindley overseeing operations.
Newrez (NYSE:RITM) supported Freddie Mac’s securitization that included Newrez-originated VantageScore 4.0 loans, helping validate that VantageScore 4.0 can be originated, underwritten, priced, and delivered to a GSE.
FHFA, Freddie Mac, Fannie Mae, and HUD/FHA coordinated policy updates permitting current use of VantageScore 4.0 and future use of FICO Score 10T, expanding data inputs such as on-time rent payment history and trended credit data.
Rithm Property Trust (NYSE: RPT) reported Q1 2026 results for the quarter ended March 31, 2026. GAAP comprehensive loss of $3.2 million or $0.42 per diluted share. Earnings available for distribution were $(0.3) million or $(0.04) per diluted share. The company paid a common dividend of $0.36 per share and reported book value per common share of $30.83.
Balance sheet changes included total assets of $930.6 million, cash and cash equivalents of $96.3 million, and a decline in commercial mortgage-backed securities to $151.3 million.
Rithm Property Trust (NYSE: RPT) declared first quarter 2026 dividends for both common and Series C preferred shares. The Board approved a $0.36 per-share cash dividend on common stock, payable May 29, 2026, to holders of record as of May 15, 2026.
For Series C preferred shares, the Board declared a $0.6171875 per-share dividend, payable May 15, 2026, to holders of record as of May 1, 2026.
KBRA assigned preliminary ratings to 10 classes of notes in New Residential Mortgage Loan Trust 2026-NQM5 (NRMLT 2026-NQM5), a $471.1 million non-prime RMBS sponsored by Rithm Capital (NYSE: RITM).
The trust is collateralized by 834 residential mortgages (~2 months seasoned) serviced by NewRez, with WA original credit score 752 and WA LTV/CLTV of 72.5%. KBRA used loan-level REALM analysis, third-party due diligence, cash-flow modeling, and legal review in its ratings.