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New Residential earnings slip, but comfortably cover beefy payout

May 04, 2016 7:22 AM ETRithm Capital Corp. (RITM) StockRITMBy: Stephen Alpher, SA News Editor3 Comments
  • Q1 core earnings of $112.4M or $0.49 per share vs. $120.4M and $0.52 in Q4. Dividend is $0.46.
  • Company is now eligible to own MSRs over 46 states, up from 38 last quarter. Remaining state and agency approvals are expected in H2.
  • Conference call at 8 ET
  • Previously: New Residential Investment reports Q1 results (May 4)
  • NRZ flat premarket

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