New Residential Investment Corp Announces Public Offering

When New Residential Investment Corp started in business many years ago, they knew they wanted to increase their residential property portfolio tremendously and they sought out investors who would back up their purchases. These investors understood that the management team at this company were all professional and knowledgeable in this industry and they wanted to get in on the ground floor. The company started by purchasing mortgages from traditional lending sources in order to gain many properties. New Residential Investment Corp has increased their business to such heights that they have now decided that they are going to release stocks in their company to anyone who wants to make an investment.

They recently put their company out to the public and the response has been very good. In the first few weeks of this offering, the price of their stocks has gone up and industry insiders believe that it will just continue to climb. The Board of Directors at New Residential Investment Corp is excited about this new venture they are going into and see it as a positive move for their company. They feel that with sound investments that they are making, they will continue to not only increase their inventory but their revenue. New Residential Investment Corp has recently begun to invest in commercial properties as well and these new investments are proving to be well worth it. They are currently looking at several condominium complexes for investing and other commercial real estate.

New Residential Investment Corp invests in mortgages at a low interest rate and they collect the payments that owners make each month. Since they pay at a much lower interest rate, their return on the investment is quite high. Many other mortgage investment firms are watching what New Residential Investment Corp is doing and have modeled their businesses after them. If you are considering investing in the stock market, you may want to look at the stock prices for New Residential Investment Corp. You will see that the initial offering price was much lower than it is currently selling for. Since the stock price is still relatively low, you may want to invest in it now before it increases. Those experts who watch the stock market are predicting nothing but increases in this stock over time. New Residential Investment Corp is hoping that by offering their stock to the public, it will allow more investors to work with them.