Home About Us Strategy & Portfolio News Investors Contact History of New Residential A Track Record of Attractive Investments and Strategic Execution Since Inception Since inception, New Residential has created substantial long-term value and proven the strength of our strategy through execution and performance and are committed to building on this strength. 2013 New Residential spins out of Newcastle in May 2013 Makes first investment in servicer advances, acquiring $3.2bn of non-agency servicer advances related to $54bn UPB Makes $241mm investment to purchase an interest in a $3.9bn UPB consumer loan portfolio 2014 Simplifies investments around three core segments (MSRs, Advances & Calls) Completes $2.6bn refinancing of SpringCastle consumer loan portfolio, monetizing more than NRZ’s initial investment 2015 Acquires Home Loan Servicing Solutions (“HLSS”) for $1.4bn Acquires $145bn of Ocwen non-Agency call rights Prices first follow-on offering, raising $880mm in gross proceeds Announces 2 consecutive increases to quarterly dividend 2016 Surpasses $1bn in dividends declared to shareholders Becomes eligible to own Fannie, Freddie and Non-Agency MSRs in all 50 states Makes inaugural full mortgage servicing right purchase Meaningfully diversifies network of servicing partners 2017 Joins 4 member consortium agreeing to purchase up to $5bn of unsecured consumer loans from Prosper Buys $110bn UPB in bulk MSR acquisition from Ocwen(1) Buys $92bn UPB in bulk MSR acquisition from Citi Announces 2 consecutive increases to quarterly dividend 2018 Surpasses $2bn in dividends declared to shareholders Acquires integrated mortgage platform, Shellpoint Partners, adding servicing, mortgage origination, recapture and ancillary revenue capabilities Completes inaugural Non-QM Securitization 2019 Prices inaugural preferred equity offering with one of the tightest ever coupons for inaugural mREIT preferred offering Closed acquisition of assets from Ditech Holding Corp. Makes strategic investment in Covius Acquires Guardian Asset Management(2) 2021 Closed Acquisition of Caliber Home Loans, Inc. 1. Prior to the execution of the related agreements with Ocwen, New Residential held certain economic interests in approximately $110.0 billion of UPB of non-Agency MSRs serviced by Ocwen. Pursuant to this transaction, Ocwen agreed to transfer to New Residential Ocwen’s remaining interests in such MSRs. As of June 30, 2019, not all of the MSRs had transferred to subsidiaries of New Residential. The transfer of Ocwen’s interests in the remaining MSRs is subject to numerous consents of third parties, including securitization trustees and rating agencies, and New Residential’s satisfaction of certain requirements set forth in the related securitization transaction documents. While we continue to pursue acquisition of the MSRs that have not yet transferred, there is no assurance that we will be able to do so in the near term or at all. See “Disclaimers” at the beginning of this Presentation for more information on forward looking statements. 2. Expect to close prior to September 30, 2019. © 2021 New Residential Investment Corp. All Rights Reserved. Privacy Policy CA Privacy and Disclosure Disclaimer Sitemap