NRZ News and Press, New Residential Investment Corp. From 12/22/19

On Monday of this week I did a fairly large re-balancing (for me) of the PPRP, selling two large closed-end fund holdings and replacing them with six stocks and CEFs. While these transactions might not be "major" for some of you, they represented a big step for me, considering my conservative ...

To get right to the point, we don't expect another " Great Recession " for a very long time, and as such we expect New Residential ( NRZ ) to keep paying huge dividends to shareholders for the foreseeable future. Nonetheless, a look under the hood shows an increasingly diverse portfolio of hig...

New Residential Investment's (NYSE: NRZ ) NewRez unit and NewRez's Shelter Mortgage unit team up with Russell Real Estate Services to form a new joint venture lender, Your Home Financial, for the Cleveland, OH, area. More news on: New Residential Investment Corp., Financial stocks news, ...

Mortgage lender’s strategic partnership with Russell Real Estate Services now fully operational, bringing comprehensive client services to Cleveland, Ohio NewRez LLC (“NewRez”), a national mortgage lender, announced today the official launch of one of the latest Jo...

New Residential Investment Corp. (NYSE:NRZ; “New Residential” or the “Company”) announced today that its Board of Directors (the “Board”) has declared fourth quarter 2019 common and preferred stock dividends. Common Stock Dividend The Board ...

Real Estate Weekly Outlook A wild 24 hours of geopolitics appeared to resolve months of macroeconomic uncertainty both in the U.S. and across the pond, sending domestic equity markets to fresh record highs. Just two days before the planned punitive tariff hike on Sunday, the U.S. and China...

As 2019 winds down, I continue my daily search (and research) for potential PPRP additions. Still in no hurry, I am looking to expand global positions, and once the MSCI Emerging Market Index shows a clear break of the downtrend which started at the beginning of this year, I am looking to begi...

In the last month, John and Jane saw an outflow of $137k from their Taxable account, specifically from the Fixed Income segment (which no longer exists). These funds were combined with other funds they had to purchase a retirement home without the need to finance it. The important thing to c...

Musings Staying in the game is critical for anyone lacking a crystal ball who can anticipate the twists and turns of the markets. I won't go on a long rant about potential for self-inflicted damage that aggressive market timing brings most who attempt it… but suffice it to say that ...

Introduction This is Part 2 describing my experience with a SWAN “Sleep Well At Night” 100% high-yield portfolio. Price is not the focus of my investment strategy since price is controlled by market sentiment. Essentially, price is manipulated at times by emotion, based on sh...