In recent financial reports, Rithm has revealed an impressive performance in their servicing sector, emerging as a bright spot in their earnings. The company proudly announced a significant achievement of $213.2 million in GAAP net income for the months of April to June, showcasing their strong financial standing and operational efficiency.

Key points to note from the news include:

– Rithm’s servicing division has proven to be a standout performer in the company’s earnings report.
– The company’s GAAP net income of $213.2 million for the months of April to June reflects strong financial performance.
– This success indicates Rithm’s ability to effectively manage their mortgage servicing operations and capitalize on opportunities within the industry.

You can read this full article at: https://www.housingwire.com/articles/rithms-nierenberg-says-firm-not-in-race-to-grow-msrs/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.