Rithm closes $483M non-QM securitization as product hits record high

General News

Summary

Rithm Capital closed a $482.6 million securitization backed by non-QM mortgages serviced by Newrez. The deal included 931 fixed-rate residential loans and marked Rithm's fourth non-QM securitization in 2025. The company has now issued $8.2 billion in unpaid principal balance across 24 non-QM deals. Market data cited in the article shows non-QM lending reached a record high in July as borrowers continued to seek nontraditional financing options.

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$25M to $50M