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News · ▲ Bullish · 1 source confirmed · 2026-09-25 20:32 UTC

Rithm Capital earns S&P upgrade to ’B+’ following steady revenue diversification

Why now

Thesis: Credit upgrades ease refinancing pressure on mortgage REITs

Catalyst to watch: Further agency actions or spread tightening

Main risk: Upgrade is small and already priced in

Why it matters

An S&P upgrade to B+ lowers Rithm's funding costs and signals rating agencies see its revenue mix as durable, a modest positive for mortgage-credit names.

Related assets & topics

CreditReal EstateBanks

Sources

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