Our Investment Portfolio
Our investment portfolio* has been purposely built and sized to generate reliable returns in any rate environment.



*Excludes ($556 million) equity allocated to Corporate & Other
Origination
Our origination business operates through the lending division of our subsidiary NewRez LLC (formerly New Penn Financial, LLC, “NewRez”). As a lender...
Read More$656 M
Net Equity Investment
9%
of Portfolio as of June 30, 2022
Servicing
Our servicing business operates through our performing loan servicing division and a special servicing division, Shellpoint Mortgage Servicing (“SMS”)...
Read More$3,168 M
Net Equity Investment
42%
of Portfolio as of June 30, 2022
MSRs Related Investments
This segment includes a portion of our Mortgage Servicing Rights (“MSRs”) and our servicer advances. It also includes the activity from several wholly-owned subsidiaries...
Read More$1,997 M
Net Equity Investment
26%
of Portfolio as of June 30, 2022
Real Estate Securities
We acquire and manage a diversified portfolio of credit sensitive real estate securities, including Agency Residential Mortgage Backed Securities (“RMBS”), Non-Agency...
Read More$823 M
Net Equity Investment
11%
of Portfolio as of June 30, 2022
Properties & Residential Mortgage Loans
We believe there are pockets of opportunity for us to invest in portfolios of non-performing and other residential mortgage loans, including performing mortgage...
Read More$381 M
Net Equity Investment
5%
of Portfolio as of June 30, 2022
Mortgage Loans Receivable
Through our wholly owned subsidiary Genesis Capital LLC (“Genesis”), we specialize in originating and managing a portfolio of primarily short-term mortgage loans to...
Read More$525 M
Net Equity Investment
7%
of Portfolio as of June 30, 2022