NRZ News and Press, New Residential Investment Corp. From 11/18/19

Mortgage lender’s latest partnership helps educators, healthcare workers, first responders afford homes in the communities they serve NewRez LLC (“NewRez”), a national mortgage lender, announced today the formation of a new joint venture mortgage company to be ad...

Over the last month, we have let the Taxable account ride because there are some new developments in John and Jane's lives that require them to have access to the cash portion which has been used in the past to purchase short-term certificates of deposit. This will result in the $137k disappea...

Introduction With less than two months left to the year I can estimate organic income growth for 2019 at 5.2%. The growth is created by reinvesting surplus dividends after removing about 60% of the dividends for household expenses. The income gain is despite seven dividend reductions from ...

Cherry Hill Mortgage Investment ( CHMI ) is a mortgage REIT. REITs fund their portfolio by borrowing short-term money and then purchasing long-term income-producing assets . The borrowed money is known as "repurchase agreements," or "repo" for short. REITs need low rates on their repos to k...

Musings October was especially nice for home gamers like myself (record market highs AND many online brokerages eliminating stock trading fees). I was certainly busy with a month of repositioning my portfolio to skew even more conservatively amidst the new price highs (but yawn-worthy econ...

Introduction/Recap: On 10/30/2019, AGNC Investment Corp. ( AGNC ) reported results for the third quarter of 2019. AGNC reported a net loss of ($4) million, other comprehensive income (“OCI”) of $246 million, comprehensive (total) income of ($242) million, a non-tangible book va...

Annaly Capital Management ( NLY ) is a real estate investment trust ("REIT"), that invests in securities that are tied to the residential and commercial real estate market, in order to generate stable income. In this article, we analyze the company's business model, growth and income prospects...

Article Thesis Buying purely based on dividend yields is oftentimes not a great idea, but as long as the dividend is well covered and supported by profits, high-yielding stocks can be attractive for income investors as well as for those interested in total returns. New Residential ( NRZ ) is...

I was talking to a friend the other day who lives in Los Angeles. He loves it there and “can’t imagine living anywhere else,” but expressed concern about being able to live comfortably in retirement in such an expensive city. He doesn’t own property, doesn’...

New Residential Investment Corp. ( NRZ ) just announced earnings on Friday, October 25th, and other than some premarket panic selling, the share price held up pretty well and was briefly positive on the day before drifting lower. Total return for the past year has been almost 15% lower than th...