New Residential Investment Corp.
New Residential Investment Corp. is a real estate investment trust, which focuses on investing and actively managing, investments related to residential real estate. It operates through the followings segments: Excess Mortgage Servicing Rights (MSRs), MSRs, Servicer Advances, Real Estate Securities, Residential Mortgage Loans, Consumer Loans and Corporate. The Excess MSRs, MSRs, Servicer Advances, Real Estate Securities, Residential Mortgage Loans and Consumer Loans segments represent the investments in their respective categories.
The Corporate segment includes general and administrative expenses, the management fees and incentive compensation, and corporate cash and related interest income.