everyone, joining Thanks, Good us. thanks morning, Emma. and for
So during business very strong lines. quarter, of a across all quarter our we the had
go would the into out couple I I we -- things what wanted meat a the I get before our Before to of the point deck. call of business, into
believe in value at a equity First look all, results. I sum and last parts of is the which you depicting you'll see very business when peers we and we our slide quarter. our put frankly, this Quite the again, analysis, cheap quarter, in put the actual it in
sheet huge management with best-in-class a upside. and large lending an have business, asset balance We a business
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our We I'd approximately that's haven't while any XX%. by equity pretty raised earnings growing say impressive.
high-yield debt. and balance growth of little our operating a our bit funded have businesses, with sheet, We
think in contested we always going what platform about on. We're of a As multiple And to in engaged highly you our we're are grow election. many of wars middle be the M&A. through as risk, activity there could know,
say would we of capital. are more to why good want have reasons I So factors all these
Newrez produced our results. companies, Genesis our lending and business thrilled back platform. quarter, Now and cannot a record to Genesis, be operating excellent with has had we that more
include servicing. and pull we rights back, As In of a we billion-ish have $XXX have banks which portfolio Newrez, These both great. servicing third-party win. mortgage servicing been of assets owned rights,
another and had with profitability. volumes very quarter Our good increased Origination business
Sculptor, On last than was the management less asset side, which acquired a November. ago, year
the its of multibillion-dollar of be group quarter, the are going announced is challenging Performance we're starting V. Fund estate is fundraising past to SRE a the including fund. the to estate, with fund out We're extremely environment their entire to good across closing despite team. teams a expect first that very well and testament pleased their true oversubscribed, how platform. across such credit real This raising and money, multi-strat verticals, inflows all and our see The real
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scale our you across look So think that real market environment. the need business all the lines. in when don't We today and about verticals at current you of anything we're
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closed book we the see and at believe roughly yield, I quarter go X.X%, as as -- with of currently billion volatility and You're we see cash you'll Dividend little going we that's liquidity. forward. $X to very value X/XX/XX, trade and of
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personally of If you upside. have the us look value our attractive a at parts very that is to view strong here and a extremely peers, and I equity compare think significant our there's
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mean don't When we I business. anything. the in at raise we said need money capital we more earlier, growth, our of want private next to like really look I phase
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at Fortress, great The and Fortress mortgage through as in While today, done at SLS top guys customers, are we quarter. we huge -- back company Obviously, job. business have service you X large of originator, go servicer a grew third-party But we in acquisition. think mortgage money to those a I third bank, U.S. days, a we if where built portfolio over our you nonbank are million Mr. the makes lot X if the look we're Cooper.
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So real story. good
performances, and it is XX. we gets here high.
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Rithm On pretty Page at real think, at going we methodical at on strategic we XX, look that level. been sheet. there. business What the We've Rithm, when some I see time Ajax. to is Great partnerships, the do I sheet of the more Rithm think you're do over look balance commercial balance estate we investing
rewarded As around road opening those going capital the as as forward, estate look periods estate deployment in think at is that real to of do we pointed of we that I we're down one look time, my today remarks, the hugely current out real business. the be business we
When talking about with the knows period yields. about happen deficits, XX, you you think what's who Obviously, think themes. in election. about going we're inflation, about you Page just where think to a macroeconomic this
should a higher rates be to end, which I what see the yield think long-term of I higher where steepening yields long continue curve, on have as we going regardless deficits the anchored the balloon. seen you can front to here. -- you end think are But see -- of you're in back end could see
common Another finance. finance. theme about asset-based Everybody talking is
for this and doing in been long, as group business for time. the together been a a this doing ever, long we've out, pointed been I I've -- we've As
So different there's nothing here.
our we'll that I credit to banks what some around relief active done you banks, go balance the would for credit at things With we've either sheets as some continue and When of We're we their continue call that capital banks, center very risk forward. or transactions look some transfer, large money doing. look to large risk of they're with transfer. in do
to I up real estate standpoint. see credit cycle resilient. We [ or the from don't on then side continue in any remain ] and On consumer real deterioration degradation consumers a consumer side, the brought
and then going company, I'll talk and in queue. little Baron's a jump mortgage and to take us Newrez the back down bit about the later
