Our track record of acquisitions in the mortgage servicing space continues to deliver value not only for our shareholders but also for the millions of consumers we serve, Michael Nierenberg, chairman, CEO and president of Rithm Capital, said in a statement.
Rithm intends to use a mix of existing cash, available liquidity on the balance sheet and additional MSR financing to close the Computershare deal. Rithm had 1.8 billion of total cash and liquidity to support its acquisitions at the end of the second quarter.
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