The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."
Although existing home sales rose in October, the housing market is on track for its worst year in over a decade, according to Molly Boesel, principal economist at CoreLogic.
The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.