05-08-2025
Rithm Capital to Fund $1 Billion in Home-Improvement Loans
Rithm Capital Corp. committed to buying $1 billion in home-improvement loans originated by fintech Upgrade, as the asset manager expands its bet on consumer credit.
Rithm, which oversees $36 billion, plans to underwrite, acquire and manage loans originated by Upgrade through a one-year forward purchase agreement, according to a statement Tuesday.
