Rithm Capital — New Residential Investment — Merger or Acquisition (February 2015)

5 slides from Rithm Capital's merger presentation, Feb 24, 2015

Slide 1: New Residential Investment Corp. Investor Presentation
Exhibit 99.2 New Residential Investment Corp. Investor Presentation February 23, 2015
Slide 2: Disclaimers
Disclaimers IN GENERAL. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the “Presentation.” FORWARD-LOOKINGSTATEMENTS. Certain statements in this
Slide 3: Executive Summary
Executive Summary New Residential (NYSE: NRZ) to acquire Home Loan Servicing Solutions (NASDAQ: HLSS) in a $1.3 billion all-cash transaction NRZ to acquire HLSS for $18.25 per share, or $1.3 billion in total (1) 9% premium to HLSS’closing price of $16.76 on February 20, 2015 Expect to close in the s
Slide 4: Compelling Strategic Opportunity
Compelling Strategic Opportunity Reinforces New Residential’s status as the industry’s leading owner of mortgage servicing assets 1 Diversify Servicer Relationships Expands servicing relationships to include both Nationstar Mortgage and Ocwen Financial, the two largest non-bank servicers in the U.S.
Slide 5: Acquisition Highlights
Acquisition Highlights NRZ to acquire 100% of HLSS’ outstanding shares for $18.25 per share in all-cash transaction Purchase Price & Structure : 9% premium to HLSS’ closing price of $16.76 on February 20, 2015 Total equity value of $1.3 billion $6.7 billion Servicing Related Investments Purchased As