Description: New Residential is a leading provider of capital and services to the mortgage and financial services industry. The Company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a portfolio of investments and operating businesses. New Residential has built a diversified, hard-to-replicate portfolio with high-quality investment strategies that have generated returns across different interest rate environments over time. New Residential's portfolio is composed of mortgage servicing related assets (including investments in operating entities consisting of servicing, origination, and affiliated businesses), residential securities (and associated called rights) and loans, and consumer loans. New Residential's investments in operating entities include its mortgage origination and servicing subsidiary, NewRez, and its special servicing division, Shellpoint Mortgage Servicing, as well as investments in affiliated businesses that provide services that are complementary to the origination and servicing businesses and other portfolios of mortgage related assets. Since inception in 2013, New Residential has a proven track record of performance, growing and protecting the value of its assets while generating attractive risk-adjusted returns and delivering over $3.4 billion in dividends to shareholders. New Residential is organized and conducts its operations to qualify as a real estate investment trust (REIT) for federal income tax purposes. New Residential is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm, and headquartered in New York City.
Home Page: www.rithmcap.com
RITM Technical Analysis
799 Broadway
New York,
NY
10003
United States
Phone:
212 850 7770
Officers
| Name | Title |
|---|---|
| Mr. Michael Nierenberg | Chairman, Pres & CEO |
| Mr. Nicola Santoro Jr. | CFO, Chief Accounting Officer & Treasurer |
| Mr. Philip Matthew Sivin C.F.A., CFA | Chief Legal Officer |
| Charles Sorrentino | Managing Director |
| Varun Wadhawan | Managing Director |
| Sanjeev Khanna | Managing Director |
| Mr. Cameron D. MacDougall Esq. | Sec. |
| Ms. BoHee Yoon | Sec. |
Exchange: NYSE
Country: US
Currency: US Dollar ($)
| Forward PE: | 6.4185 |
|---|---|
| Trailing PE: | 4.4256 |
| Price-to-Book MRQ: | 0.7347 |
| Price-to-Sales TTM: | 1.0965 |
| IPO Date: | 2013-05-02 |
| Fiscal Year End: | December |
| Full Time Employees: | 7330 |