Rithm Capital Corp.

Rithm Capital Corp. operates as a diversified asset manager focused on real estate, credit, and financial services across the United States. The company qualifies as a real estate investment trust (REIT) and structures its operations to distribute at least 90% of taxable income to shareholders, exempting it from federal corporate income taxes at the entity level.

The company's business is organized into three primary segments. The Origination and Servicing segment handles government-sponsored enterprise (GSE) and government-guaranteed residential mortgage loans, along with non-GSE and non-government-guaranteed loan origination. The Residential Transitional Lending segment provides short-term financing for residential real estate. The Asset Management and Investment Portfolio segment maintains a diverse portfolio that includes single-family rental properties, excess mortgage servicing rights, residential mortgage loans, collateralized loan obligations, consumer loans, real estate securities, and investments in title, appraisal, and property preservation businesses.

The company operates with approximately 7,240 full-time employees and maintains its headquarters in New York. Rithm Capital was incorporated in 2011 and operates primarily across the United States real estate and credit markets. The company was previously known as New Residential Investment Corp. before rebranding to Rithm Capital Corp. in August 2022.