Operating Companies and Investment Portfolio

Rithm’s strategy is to drive strong and sustainable returns through investments in great operating companies and diverse portfolio assets. We are disciplined in driving growth and generating value, while maintaining a robust approach to risk management and operational excellence.

Operating Companies

Over time, Rithm has grown to include a portfolio of high-performing complementary operating companies and investments. We focus on bringing together great people and platforms that provide services across the real estate and financial services sectors.

Operating Companies
Newrez Logo
National Mortgage Lender

Newrez LLC (Newrez), formerly New Penn Financial, LLC, is a leading nationwide lender that focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Licensed to lend in 49 states, Newrez operates multiple lending channels, including Wholesale, Correspondent Lending, Direct-to-Consumer, Retail, and a network of Joint Venture partners.

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Caliber Home Loans Logo
National Mortgage Lender

Caliber is a proven leader in the U.S. mortgage market with a diversified, customer-centric, purchase-focused platform headquartered in Coppell, Texas. Caliber is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae, and an approved servicer for FHA, VA and the USDA. Caliber carries multiple servicer ratings from Standard & Poor's, Moody's, Fitch, and DBRS.

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Shellpoint Logo
National Mortgage Servicer

Shellpoint Mortgage Servicing, the servicing division of Newrez, has quietly grown to become one of the nation’s largest non-bank mortgage servicers. On behalf of lender and investor clients, Shellpoint Mortgage Servicing collects principal, interest, and escrow payments from homeowners nationwide.

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Genesis Capital Logo
Business Purpose Lender

Genesis Capital is a leading lender that provides innovative debt solutions to professional real estate developers for new acquisition, fix and flip, new construction, and rental hold projects across the residential spectrum (including single family, multi-family, and production homebuilding).

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Guardian Asset Management Logo
Field Services and Property Preservation

Guardian Asset Management is a leading national provider of field services and property management to government agencies, financial institutions, and asset management firms. Guardian’s suite of field services includes inspections, property preservation, repairs, real estate owned property management, and hazard claims. With its large local vendor network, field operations, and robust technology platform, Guardian provides a wide range of highly targeted services nationally.

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Avenue 365 Logo
Title Insurance Agency

Avenue 365 Lender Services is a customer-focused, technology-inspired national title insurance and settlement services provider with an unwavering commitment to offering every consumer, originator, and lender an unparalleled experience with every loan closing. Avenue 365 offers "Anytime/Anywhere" (24/7) closings in 40 states as well as completely on-line order placement, tracking, document retrieval, and automated status reports.

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eStreet Logo
Appraisal Management Company

eStreet Appraisal Management Company oversees and manages a network of certified and licensed appraisers to fulfill real estate appraisal assignments. eStreet provides exceptional customer service while maintaining absolute regulatory compliance. The team is led by industry professionals with over 35 years’ experience. Their knowledge and eStreet’s state of the art technology ensure your order is handled in an efficient and effective manner.

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Covius Logo
Diversified Mortgage Services Provider

Covius is a trusted provider of solutions, insight, and technology to leading financial services companies. Covius’ technology-enabled solutions deliver operational efficiencies, mitigate risk, and empower confident, compliant decisions. Covius businesses are recognized leaders in quality assurance, regulatory compliance, compliant document services, comprehensive settlement services, lien and title curative solutions, as well as customizable cloud-based business process solutions.

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adoor logo
Single-Family Rental Company

aDoor is a single-family rental (SFR) company looking to transform the way SFR acquisition, construction, and management is done. We own and manage a portfolio of rental homes across the United States.

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Our Investment Portfolio

Our investment portfolio* has been purposely built and sized to generate reliable returns in any rate environment.

Our Investment Portfolio

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Our Investment Portfolio

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Our Investment Portfolio

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*Excludes ($535 million) equity allocated to Corporate & Other

Origination

Our origination business operates through the lending division of our subsidiary Newrez LLC (formerly New Penn Financial, LLC, “Newrez”). As a lender...

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$493 M

Net Equity Investment


7%

of Portfolio as of September 30, 2022

Servicing

Our servicing business operates through our performing loan servicing division and a special servicing division, Shellpoint Mortgage Servicing (“SMS”)...

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$3,108 M

Net Equity Investment


41%

of Portfolio as of September 30, 2022

MSRs Related Investments

This segment includes a portion of our Mortgage Servicing Rights (“MSRs”) and our servicer advances. It also includes the activity from several wholly-owned subsidiaries...

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$2,321 M

Net Equity Investment


31%

of Portfolio as of September 30, 2022

Real Estate Securities

We acquire and manage a diversified portfolio of credit sensitive real estate securities, including Agency Residential Mortgage Backed Securities (“RMBS”), Non-Agency...

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$723 M

Net Equity Investment


10%

of Portfolio as of September 30, 2022

Properties & Residential Mortgage Loans

We believe there are pockets of opportunity for us to invest in portfolios of non-performing and other residential mortgage loans, including performing mortgage...

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$323 M

Net Equity Investment


4%

of Portfolio as of June 30, 2022

Mortgage Loans Receivable

Through our wholly owned subsidiary Genesis Capital LLC (“Genesis”), we specialize in originating and managing a portfolio of primarily short-term mortgage loans to...

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$558 M

Net Equity Investment


7%

of Portfolio as of September 30, 2022