New Residential Investment (NRZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, July 19, 2021--New Residential Investment Corp. Schedules Second Quarter 2021 Earnings Release and Conference Call
New Residential Investment (NYSE: NRZ) is one of the larger mortgage real estate investment trusts (mREITs) in today's market. The company -- which specializes in originating and servicing residential mortgages and investing in agency and nonagency securities -- is growing quickly, putting this mREIT on a lot of investors' radars. Since announcing its acquisition of Caliber Home Loans, and at a time when mortgage applications are on fire, there's reason to believe the company could be in a much stronger and larger position within the next three years.