NRZ News and Press, New Residential Investment Corp. From 02/02/21

For Mortgage REIT investors, the recent "short squeeze frenzy" brings back painful nightmares. Mortgage REITs endured periods of violent volatility and "forced selling" during the depths of the pandemic. Imploding hedging instruments inflicted permanent damage to several mREITs, but b...

Not all mREITs are created equal; different funds have vastly different risk profiles. I am more bullish on mREITs with residential loan exposure. The index can still provide a sustainable 8% dividend yield. For further details see: REM: Instant Diversification Among 'A'...

On 1/25/2021, AGNC reported results for the fourth quarter of 2020. AGNC reported comprehensive income of $660 million and a non-tangible BV as of 12/31/2020 of $17.69 per common share. In this article, I will discuss my previous account projections versus actual results. I will also ...

As predicted, IVR issues new shares. You can’t be surprised, we told you on 1/26/2021 that IVR should be looking to issue shares. Shares of IVR just closed at $4.01, which is about equal to management’s stated BV range for 1/31/2021 of $4.00 to $4.10. We remain beari...

New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its fourth quarter and full year 2020 financial results for the period ended December 31, 2020 on Tuesday, February 9, 2021 prior to the openi...

Once March is over, a clearer picture should emerge regarding delinquent homeowners' ability to pay their mortgages as many forbearance plans will reach their 12-month limit.That means homeowners who entered forbearance plans early in the pandemic will be faced with exiting the forbearance pl...

Today we're focusing in on preferred share opportunities. Specifically, we like CMO-E, CIM-A, TWO-D, and TWO-E among the fixed-rate opportunities. Each offers a solid yield and still has a modest discount to call value. In this series, we’re providing readers with discounts...

New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) today announced the tax treatment of its 2020 common and preferred stock dividend distributions. Common Stock Dividends During 2020, taxable dividends for New Res...

John's retirement accounts generated a total of $1,915.71 of dividend income for December 2020 vs. $2,079.90 of dividend income for December 2019. John's Traditional IRA had a balance of $270,701.78 as of December 31, 2020, vs. $282,243.59 on December 31, 2019. The estimated annualize...

Some mortgage REITs are trading at significant premiums to book value per share. When that happens, issuing new shares is wise. One mortgage REIT already took advantage of favorable pricing to issue new shares. That’s intelligent and expected. IVR and MITT should be looking...