– Sanjeev Khanna, Managing Director at Rithm Capital, highlighted the firm’s growing scale and sophistication in residential mortgage origination and servicing.
-Rithm is a leading Non-QM issuer with ~$8.2 billion unpaid principal balance across 24 deals.
– Loans serviced by Newrez LLC, Rithm’s subsidiary and one of the largest mortgage servicers in the US.
– Collateralized by 931 fully amortizing and interest-only, fixed-rate residential mortgage loans.
– Secured by first liens on primarily one-to-four family residential properties.
– Deal structured by Nomura; joint bookrunners included Barclays, BMO, Deutsche Bank, Goldman Sachs, Morgan Stanley, and Wells Fargo.
– Sanjeev Khanna, Managing Director at Rithm Capital, highlighted the firm’s growing scale and sophistication in residential mortgage origination and servicing.
-Rithm is a leading Non-QM issuer with ~$8.2 billion unpaid principal balance across 24 deals.