They lost their homes in the L.A. wildfires. Now they can't get the mortgage relief the state promised [Los Angeles Times (CA)]
Rithm Capital Corp. (RITM)
Company Research
Source: Los Angeles Times
So he was pleased to learn in September about a new state law that required mortgage servicers to offer up to 12 months of relief to fire victims, with only an affirmation of financial hardship and a ban on lump sum repayments. However, Kendall was shocked when his servicer told him he didn't qualify, which prompted him to fight back. He was finally offered three months of relief in October, the minimum initial amount required under the law. But what also surprised him was being told he would have to repay what he owed in a lump sum — though he could be “evaluated” for other repayment options, according to messages reviewed by The Times. “If they were to offer a forbearance to people, it really wouldn't cost them much. It would just be a delay in getting the same amount of money, and even that they're unwilling to do in this extreme situation,” said Kendall, 42, who lived in the home with his wife and toddler. “It's just ghoulish.” Kendall is among dozens of homeowners who we
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RITM
News
- Rithm Capital (NYSE:RITM) is now covered by analysts at Wedbush. They set an "outperform" rating on the stock.MarketBeat
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- KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM7 (NRMLT 2025-NQM7)Business Wire
- Assessing Rithm Capital's Valuation After Its Recent Pullback and Ongoing Income-Focused Momentum [Yahoo! Finance]Yahoo! Finance
RITM
Earnings
- 10/30/25 - In-Line
RITM
Sec Filings
- 12/2/25 - Form 8-K
- 11/18/25 - Form 4
- 11/14/25 - Form 144
- RITM's page on the SEC website