In December, Rithm completed its acquisition of Crestline Management, adding $17 billion in assets under management while growing its capacities in direct lending, fund liquidity solutions, insurance and reinsurance. In November, the company terminated a subservicing agreement with Onity Group subsidiary PHH Mortgage Corp., effective at the end of January 2026. The contract, which lasted for nearly a decade, was tied to a $33 billion portfolio that's comprised mostly of pre-2008 loans.
Cook's lawyer Abbe Lowell said the criminal referrals Pulte made against her fail on even the most cursory look at the facts. The two separate criminal referrals Pulte made fail to establish any evidence that Cook intentionally deceived her lenders when she obtained mortgage loans for three properties in Michigan, Georgia and Massachusetts, the letter said. Lowell also accused Pulte of selectively targeting Trump's political enemies while ignoring similar allegations against Republican officials, The Wall Street Journal reported.