NRZ News and Press, New Residential Investment Corp. From 09/22/20

New Residential was hit hard by the corona-induced market panic in spring 2020. The company is recovering, and profits are higher than expected. Shares trade at a historically low valuation and seem to have upside potential. For further details see: New Residential's Ref...

Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end. In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment. When we provide an index card...

Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return, and current valuation to twenty mREIT peers. Providing sector-wide metrics allows readers to better understand which mREIT companies will likely...

This research report was produced by The REIT Forum with assistance from Big Dog Investments . The topics we discuss are going to be extremely relevant to the residential mortgage REITs. The table below uses BV as of Q2 2020 (if the company has reported earnings): Note: There ...

Real Estate Weekly Outlook Is 2020 just getting started? On another choppy week, U.S. equity markets finished mostly lower despite a solid slate of economic and housing data and assurances from the Federal Reserve that it would keep interest rates near-zero indefinitely. In the midst of ...

Industry Veteran Leads NewRez expansion of Jacksonville Direct to Consumer Lending Team NewRez LLC (“NewRez”, the “Company”), a national mortgage lender and servicer, announced today that Stacy Blair has joined the company as Region Manager for the Greater...

(This report was written by Landlord Investor for our Marketplace service Yield Hunting. Members received this report on Aug. 25 and gain access to Landlord Investor's personal portfolio.) After some choppiness and basing action during May, June and half of July, the preferreds market ha...

New Residential Investment's (NYSE: NRZ ) previously announced $550M 6.250% senior unsecured notes due 2025 will be used together with cash on hand, to prepay and retire its three-year 11.00% senior secured term loan facility and to pay related fees and expenses. More news on: New R...

New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announced that it has closed its previously announced offering of $550 million aggregate principal amount of 6.250% senior unsecured notes due 2025 (the “notes”). The Com...

This research report was produced by The REIT Forum with assistance from Big Dog Investments . The topics we discuss are going to be extremely relevant to the residential mortgage REITs. The table below uses BV as of Q2 2020 (if the company has reported earnings): Note: There are ...