NRZ News and Press, New Residential Investment Corp. From 05/05/20

New Residential Investment (NYSE: NRZ ): Q1 Non-GAAP EPS of $0.48 beats by $0.60 ; GAAP EPS of -$3.86. Net interest income of $185.18M (-18.1% Y/Y) Press Release More news on: New Residential Investment Corp., Earnings news and commentary, Financial stocks news,

New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) today reported the following information for the first quarter ended March 31, 2020: FIRST QUARTER 2020 FINANCIAL HIGHLIGHTS : GAAP Net Loss of ($1,602.3) million, or ($3....

New Residential Investment (NYSE: NRZ ) is scheduled to announce Q1 earnings results on Tuesday, May 5th, before market open. The consensus EPS Estimate is -$0.12 (-122.6% Y/Y) and the consensus Revenue Estimate is $541.21M (+59.9% Y/Y). Over the last 2 years, NRZ has beaten EPS estim...

Any homeowner is familiar with a rate lock - in which the interest rate on their mortgage is locked in for some weeks before the loan in finalized. In order not to get burned should rates rise during that period, mortgage originators routinely hedge by shorting mortgage-related securities. ...

Musings Unless you are solely invested in Technology stocks, your portfolio is likely nothing but a sea of red this year (despite a bump off the lows in April). Basically everything is hurting (no shocker there), but that’s not what I’m focused on at the moment. I’m tryi...

Real Estate Weekly Outlook Despite another week of downright ugly economic data, U.S. equity markets delivered their best month since 1987 amid rising optimism of an impending economic reopening. Progress on coronavirus treatment options - underscored by the FDA approval of Gilead Science...

More than 3.8M homeowners are now in forbearance programs with their lenders as of April 30, representing 7.3% of the entire active mortgage universe and $841B in unpaid principal, according to new data from Black Knight. More news on: New Residential Investment Corp., Ocwen Financial Co...

With 3.84M more people filing for unemployment this week, bringing the tally up to 30.2M in the last six weeks, and mortgage rates at an all-time low, mortgage-related stocks are taking a beating again. More news on: New Residential Investment Corp., Ocwen Financial Corporation, Mr. Co...

This research report was produced by The REIT Forum with assistance from Big Dog Investments . One of the most important steps in evaluating mortgage REITs is finding the price to book value ratios. Using the mortgage REITs' book value gives us an idea for the general range wher...

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 ...