NRZ News and Press, New Residential Investment Corp. From 05/11/21

New Residential Investment Corp. posted solid earnings with general positive tone, even though they missed on EPS. The company is in the midst of some economic tailwinds that should help the overall business in the short to medium term. The dividend remains strong and healthy. The...

We see another BDC where the price is pushing up close to trailing book value. The share price has hardly ever exceeded trailing BV in the last 6 years. So that doesn’t look like a good starting point. The book value per share has generally trended downward since early 2015...

NewRez LLC (“NewRez”, the “Company”), a national mortgage lending and servicing organization, announced today that Rajinder Singh has joined its executive team as Chief Risk Officer, effective immediately. As Chief Risk Officer, Mr. Singh will oversee all...

The number of mortgages in active forbearance plans dropped by 105K in the past week, continuing the trend of strong forbearance improvements early in the month, according to the Black Knight McDash Flash Forbearance Tracker.As of May 4, just over 2.2M, or 4.2% of, homeowners remain in COVID-...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Vaccine chatter Stocks of COVID-19 vaccine developers are trending lower after U.S. Trade Representative Katherine Tai announced support for a waiver of in...

The rally in many high-yield investments is getting out of hand. We’re seeing price-to-book ratios flying well above their normal levels. The increasing prices should cause significant concern, but it appears many investors are feeling complacent about risk after an easy ma...

Image source: The Motley Fool. New Residential Investment (NYSE: NRZ) Q1 2021 Earnings Call May 05, 2021 , 8:00 a.m. ET Operator Continue reading For further details see: New Residential Investment (NRZ) Q1 2021 Earnings Call Transcript ...

New Residential Investment Corp. (NRZ) Q1 2021 Results Earnings Conference Call May 5, 2021, 08:00 AM ET Company Participants Kaitlyn Mauritz - Head of Investor Relations Michael Nierenberg - Chairman of the Board, Chief Executive Officer and President Baron Silverstein - President of NewRez ...

The following slide deck was published by New Residential Investment Corp. in conjunction with their 2021 Q1 earnings call. For further details see: New Residential Investment Corp. 2021 Q1 - Results - Earnings Call Presentation

New Residential (NRZ) Q1 earnings reflect strong results across its business lines, higher interest in its MSR portfolio, and the expansion of its operating platform.Q1 core EPS of 34 cents exceeds the average analyst estimate by a penny and increased from 32 cents in Q4 2020.Q1 revenue of $1...