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Rithm Capital Corp. completes acquisition of Computershare Mortgage Services Inc. to expand Newrez LLC's servicing portfolio

PUBLIC · RITMMay 01, 2024

Acquiring Company

Rithm Capital

Acquired Company

Computershare Limited

New YorkFinancial ServicesReal EstateFinanceLendingInformation TechnologyInformation Services

Description

Rithm Capital Corp. (NYSE: RITM) has successfully completed the acquisition of Computershare Mortgage Services Inc. and its affiliated companies, including Specialized Loan Servicing LLC. This strategic acquisition significantly expands Newrez LLC's servicing portfolio and subservicing platform, supporting Rithm's core strategy of building a leading mortgage banking franchise.

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Company Information

Company

Rithm Capital

Location

799 Broadway

New York, New York, United States

About

Rithm Capital is an asset manager focused on the real estate and financial services industries. Rithm Capital’s investments in operating entities include leading origination and servicing platforms held through its wholly-owned subsidiaries, Newrez LLC, Caliber Home Loans Inc., and Genesis Capital LLC, as well as investments in affiliated businesses that provide residential and commercial real estate related services. The Company seeks to provide attractive risk-adjusted returns across interest rate environments. Since inception in 2013, Rithm Capital has delivered approximately $4.7 billion in dividends to shareholders. Rithm Capital is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes and is headquartered in New York City.

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Frequently asked

Who acquired Computershare Limited?

Computershare Limited was acquired by Rithm Capital, based in New York. The deal was reported on May 1, 2024. Rithm Capital is an asset manager focused on the real estate and financial services industries. Rithm Capital is publicly traded (RITM) and operates in Financial Services.

When did Rithm Capital acquire Computershare Limited?

Rithm Capital's acquisition of Computershare Limited was reported on May 1, 2024. Rithm Capital Corp. (NYSE: RITM) has successfully completed the acquisition of Computershare Mortgage Services Inc. and its affiliated companies, including Specialized Loan Servicing LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Computershare Limited do?

Computershare Limited is a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communications, and other diversified financial and governance services. It is privately held, operating in Information Technology.

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