Rithm Capital Corp. operates within the United States, providing financial resources and services to both the real estate and broader financial industries. The company's diverse investment holdings notably comprise assets linked to mortgage servicing, a variety of residential securities and loans, and consumer credit products. For federal income tax purposes, Rithm Capital Corp. is structured as a real estate investment trust (REIT). This classification generally exempts the company from federal corporate income tax, provided it distributes a minimum of 90% of its taxable earnings to its shareholders. Founded in 2011, the company was previously known as New Residential Investment Corp. It officially adopted its current name, Rithm Capital Corp., in August 2022. The corporate headquarters are located in New York, New York.