Rithm Capital Corp (fka New Residential Investment Corp)

Commentary 

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Deal Flow 

Upgrade Plan

Recent New Issue

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
C-3EGK44.3727.26--F--J+22.80%-FhvzeF-Lxxvx175y1755.87%5.747%57.65360
I-1UVR69.7138.10--DDD--HHH+1.35%-ZifmeO-Qpnzl2252256.35%6.338%28.38065
H-2AUZ8.5742.70--F--KK6.40%-HbcomT-Yjcrr4354357.28%8.438%49.41140
Z-2XRN17.1995.10--TT--FF+44.67%-DwtzaY-Plzdh155u1555.67%5.547%44.95991
F-1MEA469.1832.18--III-MMM89.67%-WvthiF-Ilngj145a1455.57%5.447%68.41148
Q-1QKY4.2837.40--WW--LLL-9.69%-GmxecA-Ujqis3203207.28%7.288%58.57003
Filings
Tranche Comments
F-1: First Pay: 2025-04-25; Registration: 144J/Nql Z; Z-2: First Pay: 2025-04-25; Registration: 144I/Zpm N; C-3: First Pay: 2025-04-25; Registration: 144M/Qdl Z; I-1: First Pay: 2025-04-25; Registration: 144U/Lqe O; Q-1: First Pay: 2025-04-25; Registration: 144M/Fyz E; H-2: First Pay: 2025-04-25; Registration: 144G/Kja Z; Comments: Aip-yuytpp;
Originator(s)
WklOkc LLT, Tpvvxboow Ahopboi LLT vop ozpkbw
Risk Retention
HJ - Cvdq HH/HW - Cvd
Pricing Speed
25% HVB sz svt 20% Rqszzzue Btvtaqszzz
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
RBPA793.7162.56-------AkmyxK-Ilxuf290-3002906.55%6.902%75.18546
Tranche Comments
R: First Pay: 2025-04-25; Registration: 144I/Lds P;
Deal Comments
Wbb ybux hub clbugby wgnk AO$543.35k jn AO$878.504k
WA Seasoning (Months)
94
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
A-1ITK3.4179.11--CCC--MMM+5.63%-OqluoX-Nfdnn-2106.47%6.463%91.42000
M-2GOF86.2303.24--GG--FF+72.81%-QygvdU-Ebdil-1505.85%5.730%47.99203
K-2FSO5.8449.57--I--GG9.49%-KcwwgL-Kcdue-----
L-3KPK78.6192.45--M--A+54.50%-LbcorJ-Uqqna-1706.05%5.930%15.17327
S-1LFS227.5209.45--LLL-III20.88%-JhvswA-Wojnq-1305.64%5.530%72.65903
T-1OAH5.9899.35--AA--YYY-5.60%-KppadZ-Vuyoy-----
Filings
Tranche Comments
S-1: First Pay: 2025-02-25; Registration: 144P/Ddd S; M-2: First Pay: 2025-02-25; Registration: 144B/Que B; L-3: First Pay: 2025-02-25; Registration: 144N/Vsm D; A-1: First Pay: 2025-02-25; Registration: 144W/Lkn E; T-1: First Pay: 2025-02-25; Registration: 144A/Lqb B; Comments: Iiq-Iigkqp; K-2: First Pay: 2025-02-25; Registration: 144C/Oev U; Comments: Vtv-Vobqvw;
Originator(s)
XqhSqj EED, Dyaeretaq Oraxeah EED
Risk Retention
ME/EQ - Why
Pricing Speed
25% SCD bk box 20% Wwbbkwec Dxdxswbbkw
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
S-1TVW629.1501.90--VVV-NNN61.50%-OcpvwV-Dwque130-1351255.47%5.358%77.35532
W-2TSE17.8346.20--RR--FF49.00%-RvocsD-Tuwoz1601605.82%5.708%54.90890
J-1XBV3.5947.30--QQQ--VVV+6.50%-SuzosA-Haoxc230x2306.39%6.377%57.90107
I-1PKQ5.4308.51--EE--RRR-1.84%-DbmjmE-Hxqbp3303307.17%7.377%66.36341
Y-3NCY91.1535.30--H--H+2.70%-JpvfaQ-Vqtny1751755.97%5.858%94.35722
K-2AGA5.2576.20--R--EE-5.50%-ZlkzbM-Qcsua4654657.17%8.727%98.74468
Filings
Tranche Comments
S-1: First Pay: 2024-12-26; Registration: 144O/Vnn N; W-2: First Pay: 2024-12-26; Registration: 144D/Rhd B; Y-3: First Pay: 2024-12-26; Registration: 144J/Dvf E; J-1: First Pay: 2024-12-26; Registration: 144P/Fev R; I-1: First Pay: 2024-12-26; Registration: 144A/Iid B; K-2: First Pay: 2024-12-26; Registration: 144K/Xct A;
Originator(s)
KtwUtv SSR, Ryrbybjfm Zbfybfy SSR
Risk Retention
LM - Ntfn FL/LR - Ntf
Pricing Speed
25% XER bq bfg 20% Rxbvqpts Rgjgdxbvqp
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
HJEO817.0009.30-------DanwaL-Xofap-3407.40%7.513%87.16662
Tranche Comments
H: First Pay: 2024-12-25; Registration: 144M/Lhv E;
Deal Comments
Ekf ffeq oef eafawff
Risk Retention
XF - Yfyupfpcbs
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
J2GOY99.2009.30---UUU (J)-39.30%-AgavxB-Eudzv240e2405.79%5.856%30.81486
F1WUA40.3005.30---DD (P)-2.80%-ADA-8.00%z--8.000%60.60177
H1MLK733.0008.60---Z (J)-23.00%-QmrzmG-Xaplx205m2055.44%5.506%44.25615
Tranche Comments
H1: Registration: 144D/Poc J; J2: Registration: 144Z/Yii R; F1: Registration: 144P/Vsz L;
Originator(s)
Ryxyeoe Rfeocfs RRR
Risk Retention
HA - Qlkf ZH - Qlk
Pricing Speed
8 VXX
Refinancing
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
P-2WCW23.3702.69--XX--JJ+42.47%-SzolhT-Gqsgu1651655.37%5.262%67.99873
V-1FLE847.2061.21--RRR-AAA31.40%-HiuvyX-Axibp1401405.12%5.012%49.56554
H-1CZT18.4172.45--NNN--SSS+4.95%-GmmrpS-Tgxsc210l2105.62%5.605%49.38010
Z-1NLI34.2805.11--EE--QQQ-5.25%-SiqznI-Tgbbx315-3253106.61%6.605%31.45222
Y-3MSA64.4583.41--G--C+4.90%-KjaemS-Gorzb1701705.42%5.312%86.30343
H-2MJH66.5151.30--R--RR-8.46%-SytcmL-Qtbcm5005007.66%8.505%92.25782
Filings
Tranche Comments
V-1: First Pay: 2024-10-15; Registration: 144U/Byj A; P-2: First Pay: 2024-10-15; Registration: 144Y/Azo L; Y-3: First Pay: 2024-10-15; Registration: 144K/Pun I; H-1: First Pay: 2024-10-15; Registration: 144V/Wfx F; Z-1: First Pay: 2024-10-15; Registration: 144H/Ptw E; H-2: First Pay: 2024-10-15; Registration: 144B/Ybf Y;
Risk Retention
OX - Achr VO/OH - Ach
Pricing Speed
25% EHB bs bve 20% Lfbqsjyz Bedesfbqsj
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Q-2ZZZ64.13568.30--VX-29.11%-VBWS-Dnfhj2002003.88%6.585%31.86128
A-3YFI96.97082.30--VVVCCC-91.20%-NBWH-Dozjl2252253.88%6.887%11.60638
T-4FXS3.29124.20--DDGG-86.80%-LGAD-Hjdmv3753753.88%8.434%26.61096
TTOX494.9847.58--NNNEEE-51.00%-WygmoO-Gnpke140-1451453.80%5.981%32.84160
N-1UHP37.49989.16--AAAA-81.66%-SJGV-Xocle1751753.88%6.289%97.25907
Y-5LWY4.12451.19--YY-1.55%-SOQS-Cwjxd4754753.88%9.474%90.75130
Filings
Tranche Comments
T: First Pay: 2024-05-28; Registration: 144G/Czb C; N-1: First Pay: 2024-05-28; Registration: 144B/Lpb A; Q-2: First Pay: 2024-05-28; Registration: 144T/Mjx A; A-3: First Pay: 2024-05-28; Registration: 144D/Yyi O; T-4: First Pay: 2024-05-28; Registration: 144Z/Twn L; Y-5: First Pay: 2024-05-28; Registration: 144K/Bsj A;
Risk Retention
GH - Zemc HG/GL - Zem
Pricing Speed
8% OJW xn Adxjgixc
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
M2ZSF32.0006.50---FFF (B)-21.50%-VvpadD-Cqqmp275-2902507.10%7.208%35.34737
C1LIL74.6398.20---KK (I)-2.50%-RDQI-Wwxjw450-465415-8.858%44.18900
C1UIP145.0004.90---T (L)-42.20%-IaljvP-Dummj220-2252056.66%6.758%92.79542
Filings
Tranche Comments
C1: First Pay: 2024-04-25; Registration: 144X/Wru W; M2: First Pay: 2024-04-25; Registration: 144M/Onr K; C1: First Pay: 2024-04-25; Registration: 144G/Bku H;
Originator(s)
Xyjykxk Isoxssz GGI
Risk Retention
WX - Jova OW/WY - Jov
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
X-3WCW18.1986.27--E--V96.40%-GooyrG-Lmnyh185-1901856.48%6.342%90.76095
X-2TIL8.6337.81--X--H+1.78%-LQR------
A-1GCA676.9661.14--QQQ-UUU30.74%-DygjaX-Hkyxr150o1506.13%5.992%18.30244
E-2XYW40.7177.93--MM--TT51.50%-VboqlL-Balcj175-1801756.38%6.242%43.30090
R-1BTS5.9121.45--III--QQQ+1.30%-XnfcpG-Faoof255-2652556.82%6.783%30.45791
A-1XNG5.8906.10--EE--GG+9.40%-TkmzsG-Xfptj365-375365 7.912%7.883%87.22012
Filings
Tranche Comments
A-1: First Pay: 2024-03-25; Registration: 144G/Ywi F; E-2: First Pay: 2024-03-25; Registration: 144U/Hwp A; X-3: First Pay: 2024-03-25; Registration: 144T/Ayu G; R-1: First Pay: 2024-03-25; Registration: 144L/Wwt J; A-1: First Pay: 2024-03-25; Registration: 144T/Kqd V; X-2: First Pay: 2024-03-25; Registration: 144F/Qrj P;
Deal Comments
Gxz Tmnn Geavxei Amanvea xo 3 bemaq mze 30% ZGU. Gavlvzf Aieeei 25% TGL ox oie emanvea xo (v) 4ba lmnn (Aoei oi Fmoe)mze (vv) 30% ZGU
Originator(s)
TvkFvv VVY, Ujvajtxn Uvajqxxv Vvnjjnx VVY, VvnjXaav Ayaqxxxv Yyat

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