On May 31, 2019, Michael Nierenberg, Chairman, Chief Executive Officer and President of New Residential Investment Corp. (the “Company”), exercised options relating to Company common stock, and increased his holdings of Company common stock by approximately 52,000 shares. Mr. Nierenberg net settled his option exercise, and did not sell any shares of Company common stock into the market.

For more information, please refer to Mr. Nierenberg’s Form 4 filed with the Securities and Exchange Commission on June 4, 2019. The Company undertakes no obligation to file any similar reports in the future, except as required by applicable law or regulation.

About New Residential Investment Corp. (NYSE:NRZ)

New Residential Investment Corp. is a real estate investment trust (REIT). The Company is focused on investing in, and managing, investments related to residential real estate. The Company conducts its business through the segments, which include investments in excess mortgage servicing rights (MSRs), investments in servicer advances, investments in real estate securities, investments in real estate loans, investments in consumer loans and corporate. Its portfolio is composed of servicing related assets, residential securities and loans, and other investments. It has made over three direct investments in servicer advances, including the basic fee component of the related MSRs. It acquires and manages a portfolio of credit sensitive real estate securities, including non-agency and agency residential mortgage backed securities (RMBS). The Company has an interest in a pool of consumer loans, including unsecured and homeowner loans.