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Stock impact report

Rithm Capital and Newrez Pledge Support to Disaster Relief Efforts in Wake of Hurricanes Helene and Milton [Yahoo! Finance]

Rithm Capital Corp. (RITM) 
Company Research Source: Yahoo! Finance
Newrez Joins Relief Efforts Led by Dave Matthews Band, Warren Haynes Band and Other Artists as a Corporate Sponsor of Upcoming SOULSHINE Concert NEW YORK, November 04, 2024 BUSINESS WIRE )--Rithm Capital Corp. (NYSE: RITM, "Rithm Capital" or "Rithm"), a leading alternative asset manager, pledged a commitment of $500,000 to support disaster response efforts in the devastating wake of Hurricanes Helene and Milton through its wholly owned subsidiary Newrez LLC ("Newrez"), a leading mortgage lender and servicer. Funding will directly support Habitat for Humanity and the Newrez Employee Emergency and Disaster (NEED) Fund. "Our thoughts are with all those whose lives have been affected by Hurricanes Helene and Milton," said Michael Nierenberg, Chairman, Chief Executive Officer and President of Rithm Capital. "We have seen the devastating aftermath of these hurricanes across the communities we serve and are committed to working hand-in-hand with our partners at Newrez to support recover Show less Read more
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