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Re: NRZ-D new offering....temp grey ticker = NRZDV I'm not thinking red flag for NRZ-D, although I do not trust Fortress one iota! Looking over the peer group in the mortgage originator/servicer category TWO, PMT, etc.), 7% is fine. Wish it had been higher. I like the 5-year reset rate on NRZ-D. 6.223% plus 5-year Treasury rate. Currently the 5-year Treasury rate is 0.799%. In 5 years who knows. Will I even care? |
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