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» A Long Shot of Sorts: Rithm Spinning Off Its Mortgage Company
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A Long Shot of Sorts: Rithm Spinning Off Its Mortgage Company
May 11, 2023
Paul Muolo
Mortgage REIT Rithm wants to unlock the market value of its mortgage banking franchise by spinning off the unit into its own publicly traded company. A serious idea or a ploy to juice the share price of the parent?
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