Rithm Capital Corp. (Rithm), a global alternative asset manager with expertise in credit and real estate assets, announced it is deepening its partnership with Valon Technologies (Valon), an innovative technology leader known for its AI-native operating system for mortgage servicing, ValonOS. Rithm was one of Valon’s earliest investors, providing support from its inception to fuel growth and scale.
Building on this long-term collaboration, Newrez, one of the nation’s largest mortgage servicers and a Rithm company, will deploy ValonOS. This implementation aims to enhance servicing for over 4 million homeowners, underscoring Rithm’s confidence in Valon’s vision and enabling Newrez to deliver a more seamless customer experience while reducing its cost-to-service.
Michael Nierenberg, CEO of Rithm, stated, “This strategic partnership with Valon combines Rithm’s deep investment insight, Newrez’s proven leadership, and Valon’s transformative technology to modernize the $13 trillion mortgage servicing industry.” He added, “Early on, Rithm recognized Valon’s potential to redefine mortgage servicing, and we are now doubling down on that conviction. We believe ValonOS will bring real operational efficiency, scalability, and innovation to Newrez and its clients.”
Baron Silverstein, President of Newrez, commented, “Newrez and Valon are aligned in our mission to deliver the most seamless and intuitive mortgage servicing experience possible.” He noted that the partnership, powered by advanced technology and deep operational expertise, strengthens their platform and brings this ambition to life for Newrez’s over 4 million homeowners.
Andrew Wang, CEO of Valon, remarked that Rithm, as an early investor, has long understood their vision to build a single source of truth operating system for regulated industries. He described Newrez as an ideal partner to help accelerate adoption and prove ValonOS works at scale for even the most regulated servicers, promising unprecedented efficiency, scalability, and customer experience in mortgage servicing.
Newrez will begin its transition to ValonOS in 2027.
