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Enterprising Investor

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Re: fung_derf post# 677

Wednesday, 05/20/2020 10:47:37 AM

Wednesday, May 20, 2020 10:47:37 AM

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Yes.

I purchased common and preferred stock at much lower levels.

Margin calls are tough to deal when you are forced to sell at the bottom. All of the mREITs were impacted.

The loan will allow NRZ to repurchase some or all of the securities currently parked at Fortress.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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