Rithm Capital Corp.

Rithm Capital Corp. is an asset manager focused on real estate, credit, and financial services in the United States. Its business is organized into three segments: Origination and Servicing, Residential Transitional Lending, and Asset Management and Investment Portfolio. The company's investment portfolio includes single-family rental properties, title, appraisal and property preservation and maintenance businesses, real estate securities, call rights, residential mortgage loans, collateralized loan obligations, consumer loans, excess mortgage servicing rights, servicer advance investments, and asset management related investments. It also holds government-sponsored enterprise (GSE) and government guaranteed loans, as well as non-GSE or non-government guaranteed loans and residential transitional lending. Rithm Capital qualifies as a real estate investment trust (REIT) for federal income tax purposes.

Rithm Capital Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol RITM. Its shares are traded in US Dollars (USD), reflecting its primary listing in the United States. The company is headquartered in New York, New York, and operates within the US market.

Rithm Capital Corp. operates in the Real Estate sector and is classified under the industry 'REIT - Mortgage'. As a mortgage real estate investment trust (mREIT), the company invests primarily in mortgage-related assets and earns income from the spread between the yield on its investment portfolio and the cost of financing. It qualifies as a REIT for federal income tax purposes, meaning it generally does not pay federal corporate income taxes if it distributes at least 90% of its taxable income to stockholders.

Rithm Capital Corp. is headquartered in New York, New York, United States. The company focuses exclusively on the US market, with its business operations spanning real estate, credit, and financial services across the country. Its investments include single-family rental properties, residential mortgage loans, and various real estate securities, all within the United States.

Rithm Capital Corp. generates income through its three business segments: Origination and Servicing, Residential Transitional Lending, and Asset Management and Investment Portfolio. The company earns revenue from interest and fees on residential mortgage loans, collateralized loan obligations, consumer loans, and other credit investments. It also profits from its single-family rental properties, title, appraisal, and property preservation businesses. Additionally, Rithm Capital invests in real estate securities, excess mortgage servicing rights, and servicer advance investments. As a REIT, it must distribute at least 90% of its taxable income to shareholders, which typically comes from the net interest income and capital gains on its portfolio.