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New Residential Investment Corp. (NRZ)


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New Residential Investment Corp.

1345 Avenue Of The Americas
45th Floor
New York, NY 10105
United States
212-479-3150
http://www.newresi.com

SectorFinancial
IndustryREIT - Residential
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Michael NierenbergChairman, Chief Exec. Officer and PresN/AN/A54
Mr. Nicola Santoro Jr.Chief Financial Officer and TreasurerN/AN/A49
Mr. Jonathan R. BrownChief Accounting OfficerN/AN/A51
Mr. Cameron D. MacDougall Esq.Sec.N/AN/A41
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also invests in non-agency and agency residential mortgage backed securities; and residential mortgage loans comprising loans held-for-investment, loans held-for-sale, and real estate owned loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.

Corporate Governance

New Residential Investment Corp.’s ISS Governance QualityScore as of May 1, 2017 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 8; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.