NRZ Q4 2021 Earnings Report
Key Takeaways
New Residential Investment Corp. reported a GAAP net income of $160.4 million, or $0.33 per diluted common share, and core earnings of $191.9 million, or $0.40 per diluted common share for the fourth quarter of 2021. The company's servicing portfolio grew to $483 billion in UPB, and it closed the acquisition of Genesis Capital LLC.
GAAP net income of $160.4 million, or $0.33 per diluted common share.
Core earnings of $191.9 million, or $0.40 per diluted common share.
Servicing portfolio grew to $483 billion in UPB.
Closed acquisition of Genesis Capital LLC.
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NRZ Revenue by Segment
Forward Guidance
New Residential provided estimates for Q1 2022, including funded origination volume of approximately $25 billion to $30 billion UPB and servicing portfolio UPB of approximately $490 billion to $500 billion UPB.
Positive Outlook
- Estimated Q1’22 Funded Origination Volume of approximately $25 billion to $30 billion UPB
- Estimated Q1’22 Servicing Portfolio UPB of approximately $490 billion to $500 billion UPB