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New Residential Investment (NRZ) Q1 2022 Earnings Call Transcript

New Residential Investment (NRZ) Q1 2022 Earnings Call Transcript

With me today are Michael Nierenberg, chairman, CEO, and president of New Residential; Nicola Santoro, chief financial officer; and also Baron Silverstein, president of Newrez and Caliber. As we go forward, looking across the industry, I would expect very little profitability in the origination business unless we see the treasury market rally back to lower yields.