Home About Us Strategy & Portfolio News Investors Contact Glossary Catalogue of Terms 123 A B C D E F G H L N O P Q R S T U W Y 123 60+ DQ Percentage of loans that are delinquent by 60 days or more A Age (mths) or Loan Age (mths) Weighted average number of months loans are outstanding B BPO Broker’s Price Opinion BV Book Value C CDR Conditional Default Rate CLTV Ratio of current loan balance to estimated current asset value CPR Constant Prepayment Rate CRR Constant Repayment Rate Cur Current Current UPB UPB as of the end of the current month D DPD Days Past Due DTI Debt to Income E EBO Residential Mortgage Loans acquired through the GNMA early buy-out program Excess MSRs Monthly interest payments generated by the related Mortgage Servicing Rights ("MSRs"), net of a basic fee required to be paid to the servicer F FHLMC Freddie Mac / Federal Home Loan Mortgage Corporation FICO A borrower’s credit metric generated by the credit scoring model created by the Fair Isaac Corporation Flow Arrangements Contractual recurring agreements, often monthly or quarterly, to purchase servicing of newly originated or highly delinquent loans FNMA Fannie Mae / Federal National Mortgage Association G GNMA Ginnie Mae / Government National Mortgage Association GWAC Gross Weighted Average Coupon H HPA Home Price Appreciation L LTD Life to Date LTD Cash Flows Actual cash flow collected from the investment as of the end of the current month LTV Loan to Value N NPL Non-Performing Loans O Original UPB UPB (unpaid principal balance) at time of securitization P PLS Private Label Securitizations Proj. Future Cash Flows Future cash flow projected with the Company’s original underwriting assumptions Q QoQ Quarter-over-quarter R Recapture Rate Percentage of voluntarily prepaid loans that are refinanced by the servicer REO Real Estate Owned S SI Short Interest T TSO Total Shares Outstanding U Uncollected Payments Percentage of loans that missed their most recent payment UPB Unpaid Principal Balance Updated IRR Internal rate of return calculated based on the cash flow received to date through the current month and the projected future cash flow based on our original underwriting assumptions U/W LTD Underwritten life-to-date W WA Weighted Average WAC Weighted Average Coupon WAL Weighted Average Life to Maturity WALA Weighted Average Loan Age Y YoY Year-over-year Email Alerts Tear Sheet Contacts RSS News Feed Information Request © 2021 New Residential Investment Corp. All Rights Reserved. Privacy Policy CA Privacy and Disclosure Disclaimer Sitemap