New Residential Investment (NRZ) to Acquire Caliber Home Loans for $1.68 Billion

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New Residential Investment Corp. to Acquire Caliber Home Loans, Inc.

April 14, 2021 7:13 AM EDT

New Residential to combine NewRez and Caliber platforms into premier financial services company

Purchase Price to Tangible Book Multiple of 1.0x1 Adds $141 Billion UPB of MSRs Combination of Complementary and Leading Mortgage Platforms Broadens Customer Retention Efforts with Strong Recapture Platform Enhances Purchase Origination Capabilities with Extensive Retail Footprint Increases Asset Generation Capabilities and Opportunities Accretive to 2022 Return on Equity2

 

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