Rithm Capital is expanding its equity stake in Valon Technologies to deploy an AI-native servicing platform at Newrez, aiming to modernize mortgage operations and improve the experience for more than four million homeowners
Lender/servicer will begin recognizing eligible cryptocurrency holdings for mortgage qualification, giving originators a new way to serve asset-rich, liquidity-constrained borrowers without requiring liquidation
If certified, the case will become one of the largest antitrust actions in housing finance history
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’
Transaction is Rithm’s third of its kind so far this year