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, 8th Floor 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., CPA | Chief Financial Officer, Chief Accounting Officer and Treasurer |
| Philip Matthew Sivin C.F.A. | MD and Chief Counsel for M&A and strategic transactions |
| David Craig Zeiden | Chief Legal Officer |
| 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 |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 5, 2024 | 10-Q | Quarterly Report |
| Oct 29, 2024 | 8-K | Current Report |
| Oct 24, 2024 | 4 | Statement of changes in beneficial ownership of securities |
| Sep 26, 2024 | 8-K | Current Report |
| Sep 25, 2024 | 424B5 | Filing |
| Sep 24, 2024 | 424B5 | Filing |
| Aug 12, 2024 | NT 10-Q | Notification of inability to timely file Form 10-Q or 10-QSB |
| Aug 12, 2024 | 10-Q | Quarterly Report |
| Aug 12, 2024 | 10-Q/A | [Amend] Quarterly report |
| Aug 12, 2024 | 10-K/A | [Amend] Annual report |