Newrez delivered a higher first-quarter 2026 profit while holding to a “pricing discipline” strategy amid intense mortgage competition, helping parent company Rithm Capital post stronger results for the period. 

The multichannel lender and servicer reported pretax operating income of $273.7 million in Q1 2026, up from $249.1 million in Q4 2025, according to filings with the Securities and Exchange Commission (SEC). The figure excludes a $23.1 million mark-to-market loss on mortgage servicing rights, hedge impacts and other non-operating items.

“While market competition continues to pressure gain on sale margins, we maintained pricing discipline, did not chase market share,” Newrez details ⇒

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