NRZ News and Press, New Residential Investment Corp. From 04/09/21

The decline in the number of mortgages in active forbearance plans continues for the sixth straight week and represents the largest drop in six months, according to Black Knight's McDash Flash Forbearance Tracker.The number of active plans fell by 228K in the week ended April 6, falling 9% in...

The Consumer Financial Protection Bureau proposes changing some rules in order to help prevent avoidable foreclosures as emergency federal foreclosure protections, that were implemented in response to the COVID-19 pandemic, expire.The proposal seeks to ensure that mortgage servicer and borrow...

NLY and NRZ rallied and reached the neutral ranges. If shares dipped without a decline in fundamentals, they could be appealing again. The emphasis in analysis of mortgage REITs should rely on book value more than the shape of the yield curve. Investors cannot reasonably forecast ...

Sharp rises in home prices and interest rates have pushed home affordability to its lowest point since mid-2019, according to Black Knight's Mortgage Monitor."Our repeat sales-based Black Knight Home Price Index shows February's annual price appreciation at 11.6%, the fastest growth rate in m...

The number of home mortgages in active forbearance drops by 33K in the week ended March 30, making it the fifth straight week of declines and the longest stretch since September, according to Black Knight's McDash Flash Forbearance Tracker.That brings the number of active plans down by 172K i...

We’ve loaded up on mortgage REIT preferred shares. As the common shares kept pushing higher, lower risk gets appealing. The preferred shares are higher in the capital stack than the common shares, which enabled them to bounce back after the pandemic panic. We’ve been...

John's retirement accounts generated a total of $1,006.80 of dividend income for February 2021 vs. $1,167.55 of dividend income for February 2020. John's Traditional IRA had a balance of $289,927.04 as of February 28, 2021, vs. $257,861.18 on February 28, 2020. The estimated annualize...

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

Housing prices are rising so rapidly in the U.S. that some people are talking about another housing bubble. While there is very little possibility of that happening right now (the necessary pieces of the puzzle simply aren't there), we are seeing home price appreciation and bidding wars...

Nationally, 60.9% of home offers written by Redfin agents are getting a competing bid, up from 59.3% in January, and the 10th straight month in which more than half of their offers encountered competition, according to a recent Redfin report.Low mortgage rates and a pandemic moving spree have...