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Newcastle Investment Corp. Message Board

hanakookie 14 posts  |  Last Activity: Aug 1, 2016 6:53 PM Member since: Jan 5, 2007
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  • Reply to

    no posts for a month from Hanakookie...

    by notalllivesmatter Jul 12, 2016 12:27 AM
    hanakookie hanakookie Aug 1, 2016 6:53 PM Flag

    I'm not MIA. Just comfortable with their direction. Just waiting on the OCN thing to clear so that overhang is finally behind us. I listened to a conference call for OCN and one analyst nailed. NRZ has no incentive to transfer the servicing from them and they are the lowest cost. But nothing has changed but rates keep going down. Advances keep getting refinanced till I think basically will be free and calling call spreads are huuuuuuuuge. I still think hands down NRZ has outperformed even the best operated tech company and really deserves a lower yield. But still getting that divvy does hurt. You can never go wrong when they pay you to wait.

  • Reply to

    NSM wins big sub servicer contract

    by bacon2bacon Jun 15, 2016 11:43 AM
    hanakookie hanakookie Jun 15, 2016 5:53 PM Flag

    This is great news for NSM. I don't see how NRZ will benefit. NSM is basically our subservicer. Seneca will maintain the master servicing book. Plain and simple NSM can do it cheaper or Seneca doesn't want to deal with the operational side. NRZ gets nothing from this. If NRZ buys Seneca would be a different story but why do that. GSE paper is the worst out there to own as a servicer. Rates 2 years ago 4.5%. Today 3.5%. You know how often people refinance those. So the bump up was good for all servicing related companies but it only really applies to NSM. Sorry to state it this way but nothing changed for NRZ. They need a license and get back to buying MSR's. They need to find a different servicer other than NSM or OCN to do the work. As for rates and yields $10T of them are in negative territory around the globe. That is and will pull our rates down. If the Fed would just give the call and say rates are not going up then MReits are the best deal on the block. That is what is going to benefit NRZ.

  • hanakookie hanakookie Jun 14, 2016 3:20 PM Flag

    Your persistence of conviction is justified. I just don't see how a judge could allow them to buy the assets they did without having knowledge of all of their wrongdoings.
    You have done a great service to many on this board. Those who do put their head in the sand better hope its not quicksand. No one from this company will have the stick to pull them out.

  • hanakookie hanakookie Jun 13, 2016 11:40 AM Flag

    It depends on refinancing.

  • hanakookie hanakookie Jun 10, 2016 7:32 PM Flag

    Who are you? Really. So if this company stops existing what are you going to do. Wow these people really need to hear you out. Nov 26 2003 wow. My hats off to you

  • hanakookie by hanakookie Jun 9, 2016 2:25 PM Flag

    As a homeowner I'm the worst kind when it comes to financing. What better gift to always refinance 50 bps lower every year. It usually only puts about $35 a month but doing it for the last four years I've saved 26% in cost. Who needs to cash out when you have cash. Now I understand what NRZ does when they refinance the advances. They are collecting more cash.

  • Reply to

    Equity Reits

    by hanakookie Jun 8, 2016 12:35 AM
    hanakookie hanakookie Jun 8, 2016 9:02 AM Flag

    Be nice if they opened some businesses too so the younger generation can make a little dough. Inflating house prices just means higher taxes on ownership.

  • hanakookie by hanakookie Jun 8, 2016 12:35 AM Flag

    I try to figure why no matter what thick or thin why equity reits seem to levitate without coming down. Looking into the holdings of Realty Income I found the answer. It's Japan. They are buying equity reits hand over fist. I guess Germany will be next. Negative yields around the globe are setting new tones in our market.

  • hanakookie by hanakookie Jun 7, 2016 2:50 PM Flag

    just not pork bellies. LOL

  • Reply to


    by hanakookie Jun 3, 2016 10:58 PM
    hanakookie hanakookie Jun 6, 2016 1:45 PM Flag

    This was all for humor. And I'm with bacon. Not my porkbelly so yummy

  • Reply to


    by hanakookie Jun 3, 2016 10:58 PM
    hanakookie hanakookie Jun 6, 2016 8:18 AM Flag

    So that makes it an egg stock too. The egg market run by a cartel too. Only chickens. What a world

  • Reply to


    by hanakookie Jun 3, 2016 10:58 PM
    hanakookie hanakookie Jun 6, 2016 12:09 AM Flag

    NRZ is an oil stock. We want oil to be as high as possible. I don't know why the correlation has been high between the two but if that is the case I'll take $100 oil and now $22 NRZ. I'm not trying to politic about OPEC. Just looking between the lines. Maybe I should ask mike if the advances are secured in barrels of oil. Never really know how this market prices anything any more. It's been this way since the crash.

  • hanakookie by hanakookie Jun 3, 2016 10:58 PM Flag

    So funny that I have now determined NRZ is an oil stock. Oil goes down NRZ follows. Oil goes up NRZ follows. Oil at $80. Nrz at $18. So my conclusion I want oil at $100. KSA oil head came out and said they are no longer going to target a price. They will keep the balance. They will let the market determine the price needed. Huh. Whaaaat. If you know what demand is and you control the supply. What price do you think they will keep everything balanced. They just told all producers everywhere maintain your market share and we all we get as much as we want in $$$$$. Russia check. Iran check. US check. Everybody check. Game on. We are screwed. He even said what their targeted supply capacity will be. Holy cow batman. It's the same thing going on with housing. They are only building enough to meet demand. That is keeping prices up. So the same will apply to oil.
    2017 is the targeted balance year. That is good because we also find out more clarity about OCN. Can't wait

  • hanakookie hanakookie Jun 2, 2016 9:14 PM Flag

    Nat gas didn't kill the plants Illinois just didn't want to extend the handouts driving their state further in debt. Best performing is code for highest cost and inefficient.

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