NRZ-PC

New Residential Investment Corp. is a U.S.-based entity functioning as a real estate investment trust (REIT). Its diverse operations are organized into several segments, including loan origination, servicing, mortgage servicing rights (MSR) related investments, residential securities, properties and loans, consumer loans, mortgage loans, and corporate activities. The company strategically allocates capital to a variety of assets such as MSRs, businesses engaged in mortgage origination and servicing, residential mortgage-backed securities (RMBS), properties, various types of loans, and other opportunistic investments. As a recognized REIT for federal income tax purposes, it typically avoids federal corporate income taxation, contingent upon distributing at least 90% of its taxable income to its shareholders. The company was established in 2011 and is headquartered in New York, New York.