NRZ News and Press, New Residential Investment Corp. From 10/28/21

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

Like most publicly traded companies, the Q3 earnings results are underway. While mortgage REITs carry high dividend yields, investors need to look much deeper for analysis. ORC’s results were in line with expectations on book value. Earnings dipped a little and came in belo...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

While 2020 was a banner year for the mortgage industry, 2021 is turning out to be a lot more competitive. We have seen profit margins decline as more lenders compete for business. During this time, New Residential Investment (NYSE: NRZ) has been acquiring smaller lenders and buildin...

DX, PMT, and NRZ were highlighted in our latest portfolio update. These mortgage REITs are more attractive than most, but recent rallies prevent bullish ratings. DX had a more favorable price-to-book ratio than NLY or ARR. The long-term metrics provide additional support for that idea...

New Residential Investment Corp. (NYSE:NRZ, “New Residential” or the “Company”) announced today that it will release its third quarter 2021 financial results for the period ended September 30, 2021 on Tuesday, November 2, 2021 prior to the opening of the New ...

This series projects AGNC’s income statement for the third quarter of 2021. These projections help readers understand how some of the fixed-rate agency mREIT sector performed (valuable insight). I am projecting AGNC will report a minor increase in net spread income for the thir...

Inflation concerns have started to affect market sentiment but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market e...

Acquisition of Genesis adds complementary capabilities in business purpose lending to New Residential’s suite of mortgage product offerings New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announced today tha...

This article analyzes the business fundamentals of New Residential Investment Corp., with a special focus on its safety and leverage. In particular, NRZ’s recent Caliber acquisition will enhance the diversification of its income stream and help to drive higher earnings in any r...