Rithm Capital's Q4 2025 Earnings and ValonOS Deployment: A Redefined Mortgage Servicing Edge?

Rithm Capital Corp reported Q4 2025 net income of $84.99 million and full-year net income of $697.06 million, expanding its technology footprint through deeper collaboration with Valon Technologies and continued mortgage servicing securitizations. The company is pushing to modernize mortgage operations with AI-driven tools while growing its asset management and servicing ecosystem. However, investors should be aware of concerns around the transparency of Rithm's underlying assets and leverage, and the shares are trading 41% above their fair value.