Rithm will publicly offer up to 34.5M shares of common stock
Rithm Capital is raising funds through a public stock offering to support various corporate goals, including potential acquisitions.
Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff
Rithm Capital reported a profitable first quarter in 2024, driven by positive results from its mortgage division, particularly in servicing and origination.
The company is considering the possibility of taking its mortgage business public in the future.
Rithm will publicly offer up to 34.5M shares of common stock
Rithm Capital is raising funds through a public stock offering to support various corporate goals, including potential acquisitions.
Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff
Rithm Capital reported a profitable first quarter in 2024, driven by positive results from its mortgage division, particularly in servicing and origination.
The company is considering the possibility of taking its mortgage business public in the future.
5 Ultra-High Yield Dividend Stocks to Buy With $1000
Ultra-high-yield dividend stocks can safeguard portfolios against market volatility.
Rithm Capital benefits from Federal Reserve rate cuts, leading to potential earnings growth.
Investors earn income from dividends as well as capital appreciation.
The cannabis industry presents investment opportunities, especially for Innovative Industrial Properties.
Rithms Nierenberg says firm is not in a race to grow MSRs
Rithm Capital focuses on growing its servicing portfolio organically and through acquisitions while not prioritizing becoming the nation's largest MSR portfolio owner.