Rithm Capital Closes $504 Million Loan Securitization Backed by Non-qualified Mortgage Loans

MT Newswires Live
06/18

Rithm Capital (RITM) said Wednesday that it has completed a $504 million securitization backed by non-qualified residential mortgage loans.

The loan is collateralized by 1,039 residential mortgages with a weighted average credit score of 750 and a loan-to-value of 70.06, the company said.

Rithm said the latest deal is its third non-qualified mortgage transaction this year.

Price: 11.13, Change: +0.03, Percent Change: +0.23

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