secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001556593-24-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital Q1 net income $261.6M; appoints David Zeiden as Chief Legal Officer
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- GAAP net income $261.6M ($0.54/diluted share) vs Q4 loss of $87.5M.
- Earnings Available for Distribution $233.2M ($0.48/share); common dividend $0.25/share.
- David Zeiden appointed Chief Legal Officer; Philip Sivin transitions to Managing Director, Chief Counsel M&A.
- Newrez segment pre-tax income $408.1M, origination volume $10.8B (+21% QoQ).
- Acquisition of SLS (Computershare Mortgage Services) targeting Q2 close includes $45B MSR and $104B servicing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000010/0001556593-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000010/ritm-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001556593-24-000010

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