Despite current mortgage rates at historic lows (bad for NRZ), tight lending standards and banking regulations have actually helped NRZ get more business from banks who owned a majority of MSRs.
The recent events in Europe (Brexit) has ensure that interest rates will be lower for longer but this will not last forever. Eventually interest rates will start to rise again. In the meantime I'll gladly collect the 14% dividend and using it to buy more shares :)
This purchase will add $180 dividend income to my dividend stock portfolio
Basic info:
Market CAP: 2.95B EPS:$1.44 Dividend: $1.84 (14.10%)
Market CAP: 2.95B EPS:$1.44 Dividend: $1.84 (14.10%)
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