Rithm Capital, a New York-based asset manager with a focus on real estate — and the parent of multichannel lender Newrez — is the latest company in the mortgage space to issue debt.
Rithm is joining a list that includes competitors Mr. Cooper Group, Freedom Mortgage, PennyMac Mortgage Investment Trust and Pennymac Financial Services, each of which have issued debt since September 2023.
On Monday, Rithm announced its plan to offer $775 million in senior unsecured notes due in 2029 for qualified details ⇒
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