Nexus Nova LLC Ranked Top 50 GSE MBS Servicer for Q3 2022

MINNEAPOLIS, Dec. 15, 2022 /PRNewswire/ -- Rice Park Capital Management LP ("Rice Park"), a Minneapolis-based investment firm, is pleased to announce that its subsidiary, Nexus Nova LLC ("Nexus Nova"),has been ranked a top 50 GSE MBS servicer for the third quarter of 2022.

"We believe we are rapidly becoming a market leader as an investor in mortgage servicing rights and achieving this notable accomplishment in a relatively short-time period is evidence of that," said Nicholas Smith, Managing Partner of Rice Park Capital Management. "We believe our mortgage investment knowledge and experience have contributed to our success, and we expect our market position in MSRs to continue to increase as more and more mortgage lenders look to create liquidity."