CPU News: Rithm (RITM) to Buy Computershare's Mortgage Arm for $720M - 5th Oct 2023, 1:58am

annb0t

Top 20
Rithm Capital Corp. RITM continues its acquisition streak with a new deal with Computershare Limited. RITM recently agreed to buy the Australian company’s U.S. mortgage services arm, Computershare Mortgage Services Inc., for around $720 million. The acquisition deal also includes Specialized Loan Servicing LLC, a mortgage sub-servicer.

The acquisition is expected to add mortgage servicing rights of around $136 billion in unpaid principal balance to RITM. Of this amount, $85 billion is thir...

>>> Read more: Rithm (RITM) to Buy Computershare's Mortgage Arm for $720M
 
Top Bottom