NRZ News and Press, New Residential Investment Corp. From 03/31/20

Amarin (NASDAQ: AMRN )  -68%  after court decision on Vascepa. More news on: Amarin Corporation plc, Delphi Technologies PLC, SuperCom Ltd., Stocks on the move, , Read more ...

New Residential Investment (NYSE: NRZ ) declares $0.05/share quarterly dividend , -90% decrease from prior dividend of $0.50. Forward yield 3.35% Payable May 15; for shareholders of record April 15; ex-div April 14. See NRZ Dividend Scorecard, Yield Chart, & Dividend Growth....

CEO Mike Nierenberg: "Market dislocations have put significant downward pressure on asset values ... We have made a number of decisions to de-risk, increase liquidity and protect our book value." More news on: New Residential Investment Corp., Financial stocks news, Dividend News, Read...

New Residential Investment Corp. (“NRZ,” “New Residential,” the “Company”) announced today that its Board of Directors (the “Board”) has declared first quarter 2020 common and preferred stock dividends, and provided additional Company up...

If a picture is worth a 1,000 words, and if charts reveal how investors view their prospects in Annaly ( NLY ), then this 23-year chart below portends a quick snap-back rally to $9+ by summer, 2020. Click on the chart, follow the red circles from left to right, and see for yourself. There ha...

Even with the forbearance to homeowners that's included in coronavirus-related legislation, the explicit Ginnie Mae wrap and GSEs' line of credit at the U.S. Treasury will protect the timely payment of principal and interest to mortgage backed securities investors, write JPMorgan MBS analyst...

My next article will be submitted, as soon as possible, after March 31, 2020, and will include an estimate for the April 2020 dividend for Credit Suisse X-Links Monthly Pay 2x Leveraged Mortgage REIT ETN ( REML ). It will also include a postmortem for the UBS ETRACS Monthly Pay 2X Leveraged Mo...

Ginnie Mae last night promised to use a program normally reserved for natural disasters to get cash to mortgage servicers. More news on: Mr. Cooper Group Inc., Ocwen Financial Corporation, New Residential Investment Corp., Financial stocks news, News on the U.S. economy, Read more .....

Real Estate Weekly Outlook Bull market or bull trap? U.S. equity markets surged to their best week since 2009, ending the shortest bear market in U.S. history after the successful passage of a massive $2 trillion stimulus package designed to buffer the near-term blow from coronavirus-relat...

Mortgage REITs got hammered. The sector ETFs were thoroughly trashed. The damage all occurred since late February and a great deal was only within the last two weeks. They aren't dead yet. We see many of the mortgage REITs being underpriced as we believe the market reacted too harshly. Rec...