NRZ News and Press, New Residential Investment Corp. From 04/30/20

Chesapeake Energy (NYSE: CHK )  -43%  after preparing bankruptcy filing. More news on: Chesapeake Energy Corporation, On Deck Capital, Inc., Capricor Therapeutics, Inc., Stocks on the move, , Read more ...

Focus of Article: The focus of this article is to provide a detailed projection of AGNC Investment Corp.’s ( AGNC ) BV per common share as of 3/31/2020. Prior to results being provided to the public on 4/29/2020 (via the company’s quarterly press release), I would like to an...

New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its first quarter 2020 financial results for the period ended March 31, 2020 on Tuesday, May 5, 2020 prior to the opening of the New York Stock Exch...

REIT Rankings: Mortgage REITs In our REIT Rankings series, we introduce and update readers to each of the residential and commercial real estate sectors. We focus on sector-level fundamentals, analyzing supply and demand conditions and macroeconomic factors driving underlying performance...

Dynex Capital (DX), a mortgage REIT that invests mostly in GSE-backed MBS securities, is down just 19% this year. You may think I'm being facetious with the "just", but people who follow this sector know that down 19% year-to-date is a pretty good performance, relatively speaking. In fact, as ...

Mortgage servicer shares slip in premarket trading after Treasury Secretary Steven Mnuchin said there's no plan to establish a Fed facility to ensure liquidity for non-bank mortgage servicers as other recent government moves have addressed that issue. More news on: The Cooper Companies, In...

The mortgage REIT sector has struggled over the last month. There's no doubt about it. We’ve seen huge plunges and we’ve seen some rallies. The volatility in the mortgage market could be assigned to a few causes, but we want to highlight one of them. There's a substantial amo...

The World Turned Upside Down Economists and financial markets have seen things previously thought not to be possible. These are negative interest rates and then negative oil prices, most recently. Macroeconomics could be further discombobulated, by a severe labor shortage that causes an in...

Author's Note: PART 3 of this article is a continuation from PART 1 and PART 2 which were discussed in previous publications. Please see PART 1 and PART 2 of this article for a detailed projection of AGNC Investment Corp. ( AGNC )'s income statement (technically speaking, the company's "con...

(This report was issued to members of Yield Hunting on April 15. All data herein is from that date or earlier.) Closed-end funds have been hammered. Most entered this crisis at to significantly above average in terms of valuation. When we talk about valuation, we are referring to the price...