US Stocks

Rithm Capital Corp.

New Residential Investment Corp. is a real estate investment trust that invests in mortgage servicing, securities, properties, loans, and other types of investment opportunities. It qualifies as a real estate investment trust for federal tax purposes, which means it can avoid federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is headquartered in New York, New York.