Rithm Capital delivers $524M profit in 2023
New York-based Rithm Capital posted a profit in 2023 as several acquisitions turned the company into a leading global asset manager.
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New York-based Rithm Capital posted a profit in 2023 as several acquisitions turned the company into a leading global asset manager.
RITM earnings call for the period ending December 31, 2023.
RITM earnings call for the period ending December 31, 2023.
The unofficial Chrisman LLC sarcastic slogan is, “We do this not because it is easy, but because we thought it would be easy.” Hopefully, there are no lenders out there with that slogan, as residential lending, done the right way, is not easy. Sometimes residential lending seems discombobulated. Sometimes things settle down and become more orderly: recombobulated! (Workflow and improved lender efficiency are the topics of today’s Mortgage Collaborative Rundown featuring Donielle Geiser with Thrive Mortgage.) Not only is our biz not easy but it is also unpredictable. 2024 i...
The worst is over for the mortgage sector, and there is a catalyst to unlock value.