Company Description
Rithm Capital Corp. operates as an asset manager focused on real estate, credit, and financial services.
It operates through Origination and Servicing, Investment Portfolio, Mortgage Loans Receivable, and Asset Management segments.
Its investment portfolio primarily comprises of mortgage servicing rights (MSR), and MSR financing receivables, title, appraisal and property preservation, excess MSRs, and services advance investments; real estate securities, call rights, SFR properties, and residential mortgage loans; consumer and business purpose loans; and asset management related investments.
The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
The company was formerly known as New Residential Investment Corp. and changed its name to Rithm Capital Corp. in August 2022.
Rithm Capital Corp. was incorporated in 2011 and is based in New York, New York.
| Country | United States |
| Founded | 2011 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| Employees | 6,570 |
| CEO | Michael Nierenberg |
Contact Details
Address: 799 Broadway New York, New York 10003 United States | |
| Phone | (212) 850-7770 |
| Website | rithmcap.com |
Stock Details
| Ticker Symbol | RITM |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001556593 |
| CUSIP Number | 64828T201 |
| ISIN Number | US64828T2015 |
| Employer ID | 45-3449660 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Michael Nierenberg | Chairman, President and Chief Executive Officer |
| Nicola Santoro Jr. | Chief Financial Officer, Chief Accounting Officer and Treasurer |
| Philip Matthew Sivin C.F.A. | Chief Legal Officer and Secretary |
| Charles Sorrentino | Managing Director |
| Varun Wadhawan | Managing Director |
| Sanjeev Khanna | Managing Director |
| Kenneth Matthew Bruce | Managing Director |
| Satish Motilal Mansukhani | Managing Director of Investment Strategy |
| Martin Migliara | Managing Director of Europe |
| David T. Welsh | Managing Partner of GreenBarn Investment Group |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 11, 2024 | ARS | Filing |
| Apr 11, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 11, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 19, 2024 | 8-K | Current Report |
| Mar 15, 2024 | 8-K | Current Report |
| Mar 6, 2024 | 8-K | Current Report |
| Mar 4, 2024 | 8-K | Current Report |
| Feb 27, 2024 | 8-K | Current Report |
| Feb 20, 2024 | 10-K | Annual Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |