Transaction marks company’s fourth Non-QM deal in 2025
Tagged: Newrez
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
Philadelphia-based advisor known for consultative, asset-backed financing
Newrez CIO Felicia Grumet becomes CFO
Shellpoint and BNY Mellon seek to dismiss a class action over revived second mortgages, arguing no duty to send statements on debts discharged in bankruptcy amid growing scrutiny of “zombie lien” practices
Company says Mark McArdle’s hire reflects its commitment to ‘caring fiercely’ for homeowners, responsible participation in markets
Total funded originations for quarter for Rithm's Newrez were $11.8B, a 9% YoY increase