New York-based asset manager Rithm Capital, which owns multichannel lender Newrez, reported a strong performance in the third quarter, achieving $97 million in GAAP net income. This impressive financial result highlights the company’s continued success in the mortgage industry.
Key points from the text include:
– Rithm Capital, a New York-based asset manager, owns multichannel lender Newrez
– The company delivered $97 million in GAAP net income in the third quarter
– This financial achievement demonstrates Rithm Capital’s strength and success in the mortgage industry.
You can read this full article at: https://www.housingwire.com/articles/rithm-expects-normalized-refi-levels-to-return-after-q3-spike/(subscription required)
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