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New Residential Bolsters Its Mortgage Offerings With Fix-and-Flip Lender

·3 min read
New Residential Bolsters Its Mortgage Offerings With Fix-and-Flip Lender
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While 2020 was a banner year for the mortgage industry, 2021 is turning out to be a lot more competitive. During this time, New Residential Investment (NYSE: NRZ) has been acquiring smaller lenders and building its footprint in the mortgage business. New Residential also originates mortgages, and it has been building that arm of its business.

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