Stubbornly High Mortgage Rates Benefit This 8.5% Dividend Stock

1. RITM benefits as refinancing activity declines, supporting MSR value. 2. Recent mortgage rates above 6% lead to limited housing market activity. 3. RITM's earnings exceed analyst expectations, attributed to strong MSR portfolio. 4. Sculptor Asset Management acquisition enhances RITM's asset management revenue. 5. Hedge funds increased RITM shares, potentially stabilizing its price.