New Residential Investment Corp. Announces Agreements to Sell Certain Non-Agency Securities
New Residential Investment Corp. (NRZ)
Last new residential investment corp. earnings: 2/6 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
newresi.com/ir-link
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. (“NRZ,” “New Residential,” the “Company”) today announced that the Company has entered into definitive agreements to sell approximately $6.1 billion face value of non-agency residential mortgage-backed securities to several buyers. These transactions are not expected to affect the Company’s previously reported estimated book value, which is expected to be down approximately 25% to 30% from $16.21 as of December 31, 2019.“While mortgage assets have stabilized relative to recent weeks, our focus in this environment continues to be de-risking, increasing our liquidity and protecting our book value,” said Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential. “In line with those goals, we sold a portfolio of non-agency securities and reduced our short-term financing exposure. We believe this measure, as well as others we have taken during the recent volatility, are crucial to preserving long t
Show less
Read more
Impact Snapshot
Event Time:
NRZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NRZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NRZ alerts
High impacting New Residential Investment Corp. news events
Weekly update
A roundup of the hottest topics