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2026-10-23 15:43:10 - Translate -

Rithm Capital (RITM) distributable earnings slip to $0.55 a share as Newrez lending volume falls 19%

Rithm Capital Corp. (RITM) posted much higher GAAP profit on a swing in mortgage servicing values, but its non-GAAP earnings measure fell as funded mortgage volume dropped from the second quarter. Newrez funded $12.9 billion of mortgages in the third quarter, 19% less than in the second quarter and 21% less than a year earlier. Rithm Capital Corp. (RITM) disclosed the figure in its results for...

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