Jay Jones takes charge as Newrez prepares for a multiyear technology migration involving more than 4 million homeowners
Tagged: Rithm Capital
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
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
Transaction is Rithm’s third of its kind so far this year
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.