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Parent company of Newrez continues expansion beyond mortgage lending
Following strong Q2 at Newrez as Non-QM originations climb, lender’s parent company grows into private credit, insurance, and reinsurance
Transaction marks company’s fourth Non-QM deal in 2025
Parent company Rithm Capital’s CEO touts third-party servicing growth, tech efficiencies, doubling of Non-QM production forecast
In new role, Gillin says she’ll work to apply data and AI to create more seamless, modern homeowner experiences
Forms mortgage business unit aiming to become ‘the intelligence layer across the entire mortgage origination lifecycle’