NRZ News and Press, New Residential Investment Corp. From 06/26/21

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

Andrii Yalanskyi/iStock via Getty Images The number of mortgages in active forbearance plans nudges up 1K this week, continuing the trend of small mid-month increases, according to the Black Knight McDash Flash Forbearance Tracker. Still, the total number is down 6% from a month ago. As of Ju...

In our last public update on the sector, we wrote: “NLY’s share price is pushing the upper end of our target ranges as well”. It temporarily moved over that line, providing an opportunity for investors to capture their gains. If you’re not using price-t...

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

Chainarong Prasertthai/iStock via Getty Images Active mortgage forbearance plans fell by a mere 7K since last Tuesday, according to Black Knight's McDash Flash Forbearance Tracker. As of June 15, some 2.06M, or 3.9%, of homeowners remain in forbearance plans including 2.3% of GSE, 6.9% of FHA...

New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2021 common and preferred stock dividends. Common Stock Dividend T...

Stocks moved another leg higher in May. I am continuing my monthly investment plans while awaiting a market correction or possibly a real crash once market euphoria has come down. My dividend income amounted to $480, up 37% sequentially and 35% year over year. Gifted Working T...

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

Active forbearance plans decline by 61K, or -2.9%, since last Tuesday, according to Black Knight's McDash Flash Forbearance Tracker.As of June 8, some 2.06M, or 3.9%, of homeowners remain in forbearance plans including 2.3% of GSE, 6.9% of FHA/VA and 4.4% Portfolio/PLS loans, of which al...

REITs get plenty of exposure on Seeking Alpha but this article discusses a sector that's currently yielding around 8% and continues to outperform. BDCs have minimal investments in cyclical sectors, stronger credit performance than many private equity/debt funds during recessionary per...