New Residential Investment Corp. (NYSE: NRZ-PC), formerly known as part of Rithm Capital Corp. following a 2022 rebranding and ticker change from NRZ to RITM, operates as a real estate investment trust focused on residential real estate finance; it invests in and manages mortgage servicing rights (MSRs), non-agency residential mortgage-backed securities, residential securities and loans, consumer loans, and related operating entities including origination and servicing platforms such as NewRez; the company also engages in MSR-related investments and provides capital to the mortgage industry across the United States. Founded in 2013 and headquartered in New York, New York, it primarily serves residential real estate markets through segments encompassing origination; servicing; MSR investments; real estate securities and loans; and corporate activities. In recent developments, the company completed the acquisition of Crestline Management, L.P., an alternative asset manager, on December 1, 2025, expanding its investable assets beyond $102 billion; it announced major acquisitions of Crestline and Paramount Group, a commercial real estate firm, in September 2025; earlier transactions include the 2021 acquisition of Caliber Home Loans, Inc. and integration with NewRez platforms, alongside the purchase of Genesis Capital LLC for business purpose lending. These strategic moves reflect ongoing diversification into private capital, alternative assets, and commercial real estate opportunities while maintaining core residential mortgage operations.