NRZ News and Press, New Residential Investment Corp. From 08/05/21

The stock market continued to perform well with the S&P 500 up another 2.27% bringing its YTD gains to almost exactly 17%. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market euphoria has come down. My divid...

NEWT announced they are planning to buy a bank and stop being a BDC. Shares down 27.5% on the DAY as of 3PM Eastern. We couldn’t predict NEWT would announce this deal, but we could and did predict that paying an absolutely massive premium to book value was a mistake. Lookin...

John's retirement accounts generated a total of $2,007.31 of dividend income for June 2021 vs. $2,020.63 of dividend income for June 2020. John's Traditional IRA had a balance of $325,401.86 as of June 30, 2021, vs. $244,245.42 on June 30, 2020. The estimated annualized yield is 4.49%...

On 7/26/2021, AGNC reported results for the second quarter of 2021. AGNC reported a comprehensive loss of ($488) million and a non-tangible BV as of 6/30/2021 of $17.39 per common. In this article, I will discuss my previous account projections versus actual results. I will also discu...

Recent changes at FHA, VA, and USDA that vary maximum allowable mortgage forbearance periods could result in an avalanche of forbearance expirations for mortgage servicers to handle in late 2021 and early 2022, according to Black Knight's Mortgage Monitor report. Assuming that borrowers stay ...

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

My last article analyzed New Residential Investment Corp by its yield spread relative to the 10-year Treasury rate. The results suggested slight overvaluation but still good potential for a single-digit return and a good 8% current dividend income in the mid term. This article fur...

When it comes to mortgage REITs, investors need to pick their dips carefully. It isn’t as simple as a lower price indicating higher yields. That’s a mistake many new investors make. A few nice opportunities have been developing lately. We will highlight a few that ca...

The following slide deck was published by New Residential Investment Corp. in conjunction with their 2021 Q2 earnings call. For further details see: New Residential Investment Corp. 2021 Q2 - Results - Earnings Call Presentation

Image source: The Motley Fool. New Residential Investment (NYSE: NRZ) Q2 2021 Earnings Call Jul 29, 2021 , 8:00 a.m. ET Operator Continue reading For further details see: New Residential Investment (NRZ) Q2 2021 Earnings Call Transcript ...