| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Rithm Capital Corp. (NYSE:RITM, "Rithm" or the "Company"))), a global, multi-dimensional asset manager with deep experience investing in real estate and credit, today announced it has closed a one-year forward flow agreement to acquire $1 billion in home improvement loans originated and serviced by Upgrade, Inc. ("Upgrade"), a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers.
This acquisition enables Rithm to underwrite and manage a high-quality pool of loans in a growing area of the market and expand its asset-based finance platform.
Upgrade has originated nearly $2 billion in affordable and responsible home improvement credit through more than 100,000 loans. Utilizing a robust technology platform and a growing merchant partner network, Upgrade creates an accessible and flexible customer solution to enhance living spaces, improve energy efficiency, and increase property value through essential upgrades.
Posted In: RITM
