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Total funded originations for quarter for Rithm's Newrez were $11.8B, a 9% YoY increase
Strong fourth-quarter and year-end results driven by servicing acquisitions and focus on customer experience
Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.
Newrez, Rithm's mortgage company, recorded an origination and servicing segment pre-tax income of $247.7 million.
Amid strategic acquisitions and a potential mortgage unit spinoff, CEO highlights company's vision to lead the global asset management arena.
Former execs, including Dan Och, argue the $676 million deal prioritizes CEO Jimmy Levin's interests over shareholders; push for rival group's higher bid to be considered.
