NRZ News and Press, New Residential Investment Corp. From 11/13/20

We were pretty bullish on TWO lately, but shares rallied into the neutral range. Shares of ORC outperformed to the extent they ended up in our bearish range. Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end. In this series weȁ...

NewRez (NRZ) appointed its first Chief Diversity Officer, effective immediately."In this role, Lusharn will not only strengthen programs around diversity and inclusion but will oversee management trainings, inclusive hiring practices and workplace initiatives," Chief Human Resources Officer L...

National mortgage lender and servicer implements new position to advance diversity and inclusion NewRez LLC (“NewRez”, the “Company”), a national mortgage lending and servicing organization, announced today that Lusharn Heastie, former Hum...

NRZ-A has two sister shares, NRZ-B and NRZ-C. These shares should be viewed as interchangeable. The problem is not that NRZ-A is fundamentally unattractive. The shares have a stripped yield of 8.32%, a discount to call value, and a floating yield on price of 6.67%. Investors in NR...

NYMTN is put together a huge rally over the last 10 days. Shares rallied from a solid buy rating up into the neutral range. Despite being in the neutral range, they still offer investors quite a bit of upside. They just don’t offer quite as much as NYMTM. Investors can pick...

The Q3/2020 earnings season kicked off and lifted markets across the board. I am continuing my monthly investment plans and suspiciously follow the massive rally in technology stocks as well as the vaccine-driven rebound in value stocks. My dividend income amounted to $290.44, dow...

TWO-C was in our buy range quite recently, but not anymore. The shares can be appealing to investors because they offer a respectable stripped yield, a discount to call value, and have some call protection on the calendar. Those are all attractive traits, but the recent performanc...

ARR got way too cheap during the pandemic, but the sale is over. Share prices look pretty fair. Neutral outlook on ARR and a few others tossed in. Investors may love the monthly dividend, but they’ve often misunderstood the REIT. We haven’t. We’ve nailed ratings o...

John's retirement accounts generated a total of $2,023.50 of dividend income for September 2020 vs. $1,930.23 of dividend income for September 2019. John's Traditional IRA had a balance of $239,214.15 as of September 30, 2020, vs. $276,014.62 on September 30, 2019. The estimated annua...

The 10-year Treasury yield is up 10.5 basis points to 0.92% - its highest level since the March panic.The moves comes after interim data from the Pfizer/BioNTech Covid-19 vaccine trial showed 90% effectiveness after the second dose.The iShares 20+ Year Treasury Bond ETF (TLT) is down 2.1...