Operations

Company sees sharp EPS miss but points to improved delinquency rates, high-yield Non-QM loan purchases

REIT increases ownership by 21.4% in Non-QM and TPO-focused lender, positions for 2026 earnings lift

Single-family business up more than 10% YoY, with notable increase in refi share

GSE’s liquidity, cost cuts, and credit quality hold steady even with sluggish spring market; regulatory capital still $29B too low

Parent company Rithm Capital’s CEO touts third-party servicing growth, tech efficiencies, doubling of Non-QM production forecast

Home equity drives growth in direct-to-consumer and correspondent channels as Rocket merger planning ramps up

Company also accepts DSCR loans in more than 35 states, now including Massachusetts

Chairman and CEO David Spector outlines AI roadmap as servicing portfolio nears $700B

‘Difficult’ reduction comes after company identified workforce redundancies post-Redfin acquisition

Breach could include borrowers’ financial information, company states in notice