Exhibit 10.4
INVESTMENT GUIDELINES OF NEW RESIDENTIAL INVESTMENT CORP.
1. | No investment of New Residential Investment Corp. (the “Corporation”) shall be made which would cause the Corporation to fail to qualify as a real estate investment trust under the Internal Revenue Code of 1986, as amended. |
2. | No investment of the Corporation shall be made which would cause the Corporation to be regulated as an investment company under the Investment Company Act of 1940. |