Sublime

brand’s Distinctive Assets,

Oaktree’s investment philosophy doesn’t prohibit having opinions, just acting as if they’re right.

The firm’s source of extra profits, as discussed earlier, was its investment in MSRs (mortgage service rights). They tend to rise in value when mortgage refinancing slows down, and “refi” activity has slowed significantly in recent years. As long as this environment continues, New Residential will be the mREIT to own. At the time of this writing, o