A vote of confidence from a legendary investor makes one even more attractive.
News & Analysis: New Residential Investment
Operating income adds some stability to this mortgage REIT.
NRZ earnings call for the period ending June 30, 2020.
Mortgage REITs are not your run-of-the-mill real estate investment, and need to be treated with extreme caution.
Is the mortgage REIT's new business model getting traction?
New Residential just made a hard call, but nobody should be surprised. Anyone looking at the complex REIT, however, should pay attention.
In six weeks, the mortgage REIT had a complete transformation.
The company managed to bail out of a crisis in its core non-agency MBS segment.
NRZ earnings call for the period ending March 31, 2020.
The volatile high-yield stocks are having a strong day after dismal performance so far in the market downturn.