EXHIBIT 21.1

RITHM CAPITAL CORP. SUBSIDIARIES*

The following were significant subsidiaries of the Registrant as of December 31, 2023:

Subsidiary	Jurisdiction of Incorporation/Organization
120 Fifth Holdings LLC	Delaware
55 Juneau LLC	Delaware
ADOOR HOLDINGS LLC	Delaware
ADOOR LLC	Delaware
Adoor Management LLC	Delaware
Advance Purchaser LLC	Delaware
Aim High Mortgage, LLC	Delaware
Avenue 365 Lender Services, LLC	Pennsylvania
Avenue Title Agency, LLC	Delaware
Blackwell Properties LLC	Delaware
Blackwell Property Acquisitions Parent LLC	Delaware
Boulton Properties LLC	Delaware
Boulton Property Acquisition Parent LLC	Delaware
Caliber Advance Receivables Depostior, LLC	Delaware
Caliber Advance Receivables Trust 2020-ADV1	Delaware
Caliber Excess Owner LLC	Delaware
Caliber FNT Excess Owner LLC	Delaware
Caliber Home Loans, Inc.	Delaware
Caliber JPB EBO Participant LLC	Delaware
Caliber JPB EBO REO LLC	Delaware
Caliber Mortgage Participant I LLC	Delaware
Caliber Mortgage Participant II LLC	Delaware
Capital Partners Mortgage, LLC	Delaware
Carnegie Mortgage Partners, LLC	Delaware
Carolina One Mortgage, LLC	Delaware
CHL GMSR Issuer Trust	Delaware
Coast One Mortgage LLC	Delaware
Conway Financial Services, LLC	Delaware
Crowne Property Acquisitions LLC	Delaware
CXP RE Purchaser	Delaware
DGG RE Investments LLC	Delaware
Divvy Home Loans, LLC	Delaware
Dunham Properties LLC	Delaware
E Street Appraisal Management LLC	Delaware
Essex Properties LLC	Delaware
Fort Escrow, Inc.	California

Fort Settlement Services, LLC	Pennsylvania
Genesis Capital Real Estate Advisors, Inc.	California
Genesis Capital, LLC	Delaware
Genesis Pass-Through Trust XVI-G	New York
Guaranty Mortgage Services, LLC	Illinois
Hexagon Merger Sub, Ltd.	Cayman Islands
HLSS (Cayman) Finco Ltd	Cayman Islands
HLSS Advances Acquisition Corp.	Delaware
HLSS Holdings, LLC	Delaware
HLSS Mortgage LP	Cayman Islands
HLSS Mortgage Master Trust	Delaware
HLSS Mortgage Master Trust II	Delaware
HLSS MSR – EBO Acquisition LLC	Delaware
HLSS Servicer Advance Facility Transferor II, LLC	Delaware
HLSS Servicer Advance Receivables Trust II	Delaware
HLSS SEZ LP	Cayman Islands
IRL Participation, LLC	Delaware
Landed Home Loans LLC	Delaware
Ludlow Properties LLC	Delaware
Milestone Home Lending, LLC	Delaware
MSR Admin LLC	Delaware
MSR Admin Parent LLC	Delaware
MSR Agency JV Holdings LLC	Delaware
MSR FM Admin LLC	Delaware
MSR FM Admin Parent LLC	Delaware
MSR FN Admin LLC	Delaware
MSR FN Admin Parent LLC	Delaware
MSR Holdings I-A LLC	Delaware
MSR IX Holdings LLC	Delaware
MSR IX LLC	Delaware
MSR IX Parent LLC	Delaware
MSR IX Trust	New York
MSR NRMLT LLC	Delaware
MSR PLS3 I LLC	Delaware
MSR VIII Holdings LLC	Delaware
MSR VIII LLC	Delaware
MSR VIII Parent LLC	Delaware
MSR VIII Trust	New York
MSR WAC LLC	Delaware
MSR X Holdings LLC	Delaware
MSR X LLC	Delaware
MSR X Parent LLC	Delaware
MSR X Trust	New York

MSR XI Holdings LLC	Delaware
MSR XI LLC	Delaware
MSR XI Parent LLC	Delaware
MSR XI Trust	New York
MSR XII Direct LLC	Delaware
MSR XIII Direct LLC	Delaware
MSR XIV Holdings LLC	Delaware
MSR XIV LLC	Delaware
MSR XIV Parent LLC	Delaware
MSR XIV Trust	New York
MSR XV LLC	Delaware
MSR XVI Direct LLC	Delaware
MSR XVII Direct LLC	Delaware
MSR XVIII LLC	Delaware
MSR XXI LLC	Delaware
MSR XXII LLC	Delaware
MSR XXIII LLC	Delaware
MSR XXIV LLC	Delaware
MSR XXIX LLC	Delaware
MSR XXVI LLC	Delaware
MSR XXVII LLC	Delaware
MSR XXVIII LLC	Delaware
MSR XXX LLC	Delaware
MSR XXXI LLC	Delaware
MSR XXXII LLC	Delaware
MSR XXXIII LLC	Delaware
MSR XXXIV LLC	Delaware
MSR XXXV LLC	Delaware
New Penn Advance Receivables Trust 2014-1	Delaware
New Residential AP Advance Depositor LLC	Delaware
New Residential AP Advance Receivables Trust	Delaware
New Residential Borrower 2022-SFR1 LLC	Delaware
New Residential Borrower 2022-SFR2 LLC	Delaware
New Residential Equity Owner 2022-SFR1 LLC	Delaware
New Residential Equity Owner 2022-SFR2 LLC	Delaware
New Residential Funding 2016-1 LLC	Delaware
New Residential Funding 2016-2 LLC	Delaware
New Residential Funding 2016-3 LLC	Delaware
New Residential Funding 2016-4 LLC	Delaware
New Residential Funding 2017-1 LLC	Delaware
New Residential Funding 2017-2 LLC	Delaware
New Residential Funding 2017-3 LLC	Delaware
New Residential Funding 2017-4 LLC	Delaware

New Residential Funding 2017-5 LLC	Delaware
New Residential Funding 2017-6 LLC	Delaware
New Residential Funding 2018-1 LLC (f/k/a New Residential Funding 2017-7 LLC)	Delaware
New Residential Funding 2018-2 LLC	Delaware
New Residential Funding 2018-3 LLC	Delaware
New Residential Funding 2018-4 LLC	Delaware
New Residential Funding 2018-5 LLC	Delaware
New Residential Funding 2018-NQM1 LLC	Delaware
New Residential Funding 2018-RPL1 LLC	Delaware
New Residential Funding 2019-1 LLC	Delaware
New Residential Funding 2019-2 LLC	Delaware
New Residential Funding 2019-3 LLC	Delaware
New Residential Funding 2019-4 LLC	Delaware
New Residential Funding 2019-5 LLC	Delaware
New Residential Funding 2019-6 LLC	Delaware
New Residential Funding 2019-NQM1 LLC	Delaware
New Residential Funding 2019-NQM2 LLC	Delaware
New Residential Funding 2019-NQM3 LLC	Delaware
New Residential Funding 2019-NQM4 LLC	Delaware
New Residential Funding 2019-NQM5 LLC	Delaware
New Residential Funding 2019-RPL2 LLC	Delaware
New Residential Funding 2019-RPL3 LLC	Delaware
New Residential Funding 2020-1 LLC	Delaware
New Residential Funding 2020-2 LLC	Delaware
New Residential Funding 2020-NPL1 LLC	Delaware
New Residential Funding 2020-NPL2 LLC	Delaware
New Residential Funding 2020-NQM1 LLC	Delaware
New Residential Funding 2020-NQM2 LLC	Delaware
New Residential Funding 2020-RPL1 LLC	Delaware
New Residential Funding 2020-RPL2 LLC	Delaware
New Residential Funding 2021-1 LLC	Delaware
New Residential Funding 2021-INV1 LLC	Delaware
New Residential Funding 2021-INV2 LLC	Delaware
New Residential Funding 2021-NQM1R LLC	Delaware
New Residential Funding 2021-NQM2R LLC	Delaware
New Residential Funding 2021-NQM3 LLC	Delaware
New Residential Funding 2022-INV1 LLC	Delaware
New Residential Funding 2022-INV2 LLC	Delaware
New Residential Funding 2022-NQM1 LLC	Delaware
New Residential Funding 2022-NQM2 LLC	Delaware
New Residential Funding 2022-NQM3 LLC	Delaware
New Residential Funding 2022-NQM4 LLC	Delaware

New Residential Funding 2022-NQM5 LLC	Delaware
New Residential Funding 2022-RTL1 LLC	Delaware
New Residential Funding 2022-SFR1 LLC	Delaware
New Residential Funding 2022-SFR2 LLC	Delaware
New Residential Funding 2023-1 LLC	Delaware
New Residential Funding 2023-NQM1 LLC	Delaware
New Residential Funding 2023-RTL1 LLC	Delaware
New Residential Funding I LLC	Delaware
New Residential Funding II LLC	Delaware
New Residential Funding III LLC	Delaware
New Residential Funding IV LLC	Delaware
New Residential Funding V LLC	Delaware
New Residential Mortgage LLC	Delaware
New Residential Mortgage Loan Trust 2014-1	Delaware
New Residential Mortgage Loan Trust 2014-2	Delaware
New Residential Mortgage Loan Trust 2014-3	Delaware
New Residential Mortgage Loan Trust 2015-1	Delaware
New Residential Mortgage Loan Trust 2015-2	Delaware
New Residential Mortgage Loan Trust 2016-1	Delaware
New Residential Mortgage Loan Trust 2016-2	Delaware
New Residential Mortgage Loan Trust 2016-3	Delaware
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2016-4	Delaware
New Residential Mortgage Loan Trust 2017-1	Delaware
New Residential Mortgage Loan Trust 2017-2	Delaware
New Residential Mortgage Loan Trust 2017-3	Delaware
New Residential Mortgage Loan Trust 2017-4	Delaware
New Residential Mortgage Loan Trust 2017-5	Delaware
New Residential Mortgage Loan Trust 2017-6	Delaware
New Residential Mortgage Loan Trust 2018-1	Delaware
New Residential Mortgage Loan Trust 2018-2	Delaware
New Residential Mortgage Loan Trust 2018-3	Delaware
New Residential Mortgage Loan Trust 2018-4	Delaware
New Residential Mortgage Loan Trust 2018-5	Delaware
New Residential Mortgage Loan Trust 2018-NQM1	Delaware
New Residential Mortgage Loan Trust 2018-RPL1	Delaware
New Residential Mortgage Loan Trust 2019-1	Delaware
New Residential Mortgage Loan Trust 2019-2	Delaware
New Residential Mortgage Loan Trust 2019-3	Delaware
New Residential Mortgage Loan Trust 2019-4	Delaware
New Residential Mortgage Loan Trust 2019-5	Delaware
New Residential Mortgage Loan Trust 2019-6	Delaware
New Residential Mortgage Loan Trust 2019-NQM1	Delaware
New Residential Mortgage Loan Trust 2019-NQM2	Delaware

New Residential Mortgage Loan Trust 2019-NQM3	Delaware
New Residential Mortgage Loan Trust 2019-NQM4	Delaware
New Residential Mortgage Loan Trust 2019-NQM5	Delaware
New Residential Mortgage Loan Trust 2019-RPL2	Delaware
New Residential Mortgage Loan Trust 2019-RPL3	Delaware
New Residential Mortgage Loan Trust 2020-1	Delaware
New Residential Mortgage Loan Trust 2020-2	Delaware
New Residential Mortgage Loan Trust 2020-NPL1	Delaware
New Residential Mortgage Loan Trust 2020-NPL2	Delaware
New Residential Mortgage Loan Trust 2020-NQM1	Delaware
New Residential Mortgage Loan Trust 2020-NQM2	Delaware
New Residential Mortgage Loan Trust 2020-RPL1	Delaware
New Residential Mortgage Loan Trust 2020-RPL2	Delaware
New Residential Mortgage Loan Trust 2021-INV1	Delaware
New Residential Mortgage Loan Trust 2021-INV2	Delaware
New Residential Mortgage Loan Trust 2021-NQM1R	Delaware
New Residential Mortgage Loan Trust 2021-NQM2R	Delaware
New Residential Mortgage Loan Trust 2021-NQM3	Delaware
New Residential Mortgage Loan Trust 2022-INV1	Delaware
New Residential Mortgage Loan Trust 2022-NQM1	Delaware
New Residential Mortgage Loan Trust 2022-NQM2	Delaware
New Residential Mortgage Loan Trust 2022-NQM3	Delaware
New Residential Mortgage Loan Trust 2022-NQM4	Delaware
New Residential Mortgage Loan Trust 2022-NQM5	Delaware
New Residential Mortgage Loan Trust 2022-RTL1	Delaware
New Residential Mortgage Loan Trust 2022-SFR1	New York
New Residential Mortgage Loan Trust 2023-1	Delaware
New Residential Mortgage Loan Trust 2023-NQM1	Delaware
New Residential Mortgage Loan Trust 2023-RTL1	Delaware
New Residential Sales Corp.	Delaware
New Residential Sales LLC	Delaware
NewRez Agency SAF I LLC	Delaware
NewRez Agency SAF Trust I	Delaware
NewRez Excess Owner LLC	Delaware
NewRez GMSR Excess Owner LLC	Delaware
NewRez LLC	Delaware
NewRez Trust II	Delaware
NewRez Ventures, LLC f/k/a Shelter Mortgage Company, LLC	Illinois
NewRez Warehouse Securitization Trust 2021-1	Delaware
NIC MSR I LLC	Delaware
NIC MSR II LLC	Delaware
NIC MSR III LLC	Delaware
NIC MSR VIII LLC	Delaware

NIC MSR X FN LLC	Delaware
NIC MSR XI GN LLC	Delaware
NIC MSR XIV TBW FH LLC	Delaware
NIC Reverse Loan LLC	Delaware
NIC RMBS LLC	Delaware
NPART Depositor 2014-1, LLC	Delaware
NPF EBO I REO LLC	Delaware
NPF Trust EBO I	Delaware
NRM (NSM) Servicer Advance Facility Receivables Trust (Agency) JPMC	Delaware
NRM (NSM) Servicer Advance Facility Transferor (Agency) JPMC LLC	Delaware
NRM Acquisition II LLC	Delaware
NRM Acquisition LLC	Delaware
NRM Excess Owner LLC	Delaware
NRM Holdco LLC	Delaware
NRM Loancare Agency SAF Depositor JPMC LLC	Delaware
NRM Loancare Agency SAF JPMC Trust	Delaware
NRM PHH Agency SAF Depositor JPMC LLC	Delaware
NRM PHH Agency SAF JPMC Trust	Delaware
NRM PHH PLS SAF Depositor JPMC LLC	Delaware
NRM PHH PLS SAF JPMC Trust	Delaware
NRM Servicer Advance Facility Receivables Trust (Agency) JPMC	Delaware
NRM Servicer Advance Facility Transferor (Agency) JPMC, LLC	Delaware
NRM Shellpoint Agency SAF Depositor JPMC LLC	Delaware
NRM Shellpoint Agency SAF JPMC Trust	Delaware
NRM Valon Agency SAF Depositor LLC	Delaware
NRM Valon Agency SAF Trust	Delaware
NRZ 2014-3 Holdings LLC	Delaware
NRZ 2015-2 Holdings LLC	Delaware
NRZ 2016-1 Holdings LLC	Delaware
NRZ 2016-2 Holdings LLC	Delaware
NRZ 2016-3 Holdings LLC	Delaware
NRZ 2016-4 Holdings LLC	Delaware
NRZ 2016-PLS1A Borrower LLC	Delaware
NRZ 2016-PLS1B Borrower LLC	Delaware
NRZ 2017-1 Holdings LLC	Delaware
NRZ Acquisition LLC	Delaware
NRZ Acquisition Loan Trust	New York
NRZ Advance Facility Transferor 2015-ON1 LLC	Delaware
NRZ Advance Receivables Trust 2015-ON1	Delaware
NRZ Advance Sub LLC f/k/a Advance TRS LLC	Delaware

NRZ Advances Holdco LLC	Delaware
NRZ Agency MBS LLC	Delaware
NRZ Ancillay SS LLC	Delaware
NRZ Avenue Holdings LLC	Delaware
NRZ E Street Holdings LLC	Delaware
NRZ EBO I (Series 2017-1) REO LLC	Delaware
NRZ FECI Lender II LLC	Delaware
NRZ FECI Lender LLC	Delaware
NRZ FHT Excess LLC	Delaware
NRZ FNT Excess LLC	Delaware
NRZ Genesis Pass-Through Parent II LLC	Delaware
NRZ Genesis Pass-Through Parent III LLC	Delaware
NRZ Genesis Pass-Through Parent LLC	Delaware
NRZ Genesis REO LLC	Delaware
NRZ Guardian Purchaser LLC	Delaware
NRZ Ingwe Purchaser LLC	Delaware
NRZ Insurance Agency LLC	Delaware
NRZ Inventory Trust	New York
NRZ Master Trust A	Delaware
NRZ Master Trust B	Delaware
NRZ MBN Issuer Holdings LLC	Delaware
NRZ Mortgage Holdings LLC	Delaware
NRZ MSR CS LLC	Delaware
NRZ Pass - Through Trust I	New York
NRZ Pass-Through IV Parent LLC	Delaware
NRZ Pass-Through Trust EBO I	Delaware
NRZ Pass-Through Trust II	New York
NRZ Pass-Through Trust IV	New York
NRZ Pass-Through Trust IX	New York
NRZ Pass-Through Trust IX-B	New York
NRZ Pass-Through Trust IX-C	Delaware
NRZ Pass-Through Trust IX-D	Delaware
NRZ Pass-Through Trust V	New York
NRZ Pass-Through Trust V-B	Delaware
NRZ Pass-Through Trust VI	New York
NRZ Pass-Through Trust VI-B	New York
NRZ Pass-Through Trust VII	New York
NRZ Pass-Through Trust VII (NPL)	Delaware
NRZ Pass-Through Trust VII (Pref)	Delaware
NRZ Pass-Through Trust VII-B (Pref)	New York
NRZ Pass-Through Trust VIII	New York
NRZ Pass-Through Trust VIII-B	New York
NRZ Pass-Through Trust X	New York

NRZ Pass-Through Trust X-B	New York
NRZ Pass-Through Trust XI	New York
NRZ Pass-Through Trust XI-B	New York
NRZ Pass-Through Trust XII	New York
NRZ Pass-Through Trust XII-B	New York
NRZ Pass-Through Trust XIII	New York
NRZ Pass-Through Trust XIII-B	New York
NRZ Pass-Through Trust XIV	New York
NRZ Pass-Through Trust XIX	Delaware
NRZ Pass-Through Trust XIX-B	Delaware
NRZ Pass-Through Trust XV	New York
NRZ Pass-Through Trust XV-B	New York
NRZ Pass-Through Trust XVI	New York
NRZ Pass-Through Trust XVI-B	New York
NRZ Pass-Through Trust XVIII	New York
NRZ Pass-Through Trust XVIII-B	New York
NRZ Pass-Through V Parent LLC	Delaware
NRZ Pass-Through VII Parent LLC	Delaware
NRZ PLS Excess LLC	Delaware
NRZ Recovery Trust	New York
NRZ REO I LLC (f/k/aNRZ REO I Corp.)	Delaware
NRZ REO II LLC (f/k/aNRZ REO II Corp.)	Delaware
NRZ REO III LLC (f/k/a NRZ REO III Corp.)	Delaware
NRZ REO Inventory II LLC (f/k/a NRZ REO Inventory Corp.)	Delaware
NRZ REO Inventory LLC	Delaware
NRZ REO IV LLC (f/k/a NRZ REO IV Corp.)	Delaware
NRZ REO IX LLC	Delaware
NRZ REO V LLC (f/k/a NRZ REO V Corp.)	Delaware
NRZ REO V-2 LLC (f/k/a NRZ REO V-2 Corp.)	Delaware
NRZ REO V-B LLC (f/k/a NRZ REO V-B Corp.)	Delaware
NRZ REO VI LLC (f/k/a NRZ REO VI Corp.)	Delaware
NRZ REO VI-B LLC	Delaware
NRZ REO VII LLC (NPL)	Delaware
NRZ REO VII LLC (Pref)	Delaware
NRZ REO VIII LLC (F/K/A NRZ REO VIII-B LLC)	Delaware
NRZ REO X LLC	Delaware
NRZ REO XI LLC	Delaware
NRZ REO XII LLC	Delaware
NRZ REO XIII LLC	Delaware
NRZ REO XIV LLC	Delaware
NRZ REO XV LLC	Delaware
NRZ REO XVI LLC	Delaware
NRZ REO XVIII LLC	Delaware

NRZ RMBS I L.L.C.	Marshall Islands
NRZ RMBS II L.L.C.	Marshall Islands
NRZ RMBS III L.L.C.	Marshall Islands
NRZ RMBS IV L.L.C.	Marshall Islands
NRZ RRV LLC	Delaware
NRZ Services Holdings LLC	Delaware
NRZ Sponsor Acquisition LLC	Delaware
NRZ SPONSOR HOLDCO LLC	Delaware
NRZ Sponsor IX LLC	Delaware
NRZ Sponsor NPL LLC	Delaware
NRZ Sponsor RPL LLC	Delaware
NRZ Sponsor V LLC	Delaware
NRZ Sponsor VI LLC	Delaware
NRZ Sponsor VII LLC	Delaware
NRZ Sponsor VII LLC (NPL)	Delaware
NRZ Sponsor VIII LLC	Delaware
NRZ Sponsor X LLC	Delaware
NRZ Sponsor XI LLC	Delaware
NRZ Sponsor XII LLC	Delaware
NRZ Sponsor XIII LLC	Delaware
NRZ Sponsor XIX LLC	Delaware
NRZ Sponsor XV LLC	Delaware
NRZ Sponsor XVI LLC	Delaware
NRZ Sponsor XVIII LLC	Delaware
Onward Home Mortgage LLC	Delaware
Partners United Financial, LLC	Delaware
Platinum Eagle Mortgage, LLC	Delaware
Plus Relocation Mortgage, LLC	Delaware
Preferred Lending Services, LLC	Delaware
RC JFK PARKWAY LENDER LLC	Delaware
RC TRS Borrower 2022-SFR1	Delaware
RC TRS Borrower 2022-SFR2	Delaware
Reverse REO JV LLC	Delaware
Reverse REO LLC f/k/a Reverse TRS LLC	Delaware
Rithm Capital LLC	Delaware
Rithm CRE Equity Holdings LLC	Delaware
Rithm Kissimmee LLC	Delaware
Rithm Mtg Acquisition LLC	Delaware
RITHM WAXPOOL LLC	Delaware
Sanctuary Home Mortgage LLC	Delaware
Shellpoint Capital LLC	Delaware
Shellpoint Mortgage Acceptance LLC	Delaware
Shellpoint Partners LLC	Delaware

Shellpoint PLS SAF Depositor LLC	Delaware
Shellpoint PLS SAF Trust	Delaware
Shelter Home Mortgage, LLC	Delaware
Shelter Lending Services, LLC	Illinois
Shelter Lending Services, LLC - Coastal II Division	Illinois
Shelter Lending Services, LLC - Zeitlin Division	Illinois
Shelter Mortgage TJV LLC	Delaware
Solvent Point Fiancial LLC	Delaware
SPV NP MSR Strip Acquisition LLC	Delaware
Summit Home Mortgage, LLC	Delaware
Summit Trustee Services, LLC	Delaware
Synergy Home Mortgage, LLC	Delaware
Viewpoint Murfreesboro Land LLC	Delaware
Your Home Financial LLC	Delaware

*The names of additional subsidiaries have been omitted because the unnamed subsidiaries, considered in the aggregate as a single subsidiary, would not constitute a “significant subsidiary” as defined in Regulation S-X.