NRZ Q4 2023 Earnings Report
Key Takeaways
Rithm Capital Corp. reported a GAAP net loss of ($87.5) million, or ($0.18) per diluted common share, and earnings available for distribution of $247.4 million, or $0.51 per diluted common share for the fourth quarter ended December 31, 2023. The company closed its acquisition of Sculptor Capital and continued to focus on its transformation into a global asset manager.
GAAP net loss of ($87.5) million, or ($0.18) per diluted common share.
Earnings available for distribution of $247.4 million, or $0.51 per diluted common share.
Completed acquisition of Sculptor Capital Management.
MSR portfolio totaled $590 billion in unpaid principal balance.
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Forward Guidance
Rithm Capital anticipates closing the acquisition of Specialized Loan Servicing in Q1 2024, subject to customary closing conditions and approvals.