Other

Servicing expenses

Granite Point Mortgage Trust Servicing expenses decreased by 16.9% to $743.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.9%, from $1.03M to $743.00K. Over 4 years (FY 2021 to FY 2025), Servicing expenses shows a downward trend with a -8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 5, 2026

How to read this metric

Increasing expenses may suggest higher portfolio complexity or rising costs of managing distressed assets.

Detailed definition

Costs incurred in the process of servicing the loan portfolio, including third-party servicing fees, administrative cost...

Peer comparison

Standard for mortgage lenders and servicers; reflects the operational cost of maintaining the loan book.

Metric ID: other_servicing_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.12M$1.32M$1.41M$1.46M$1.50M$1.34M$1.42M$1.38M$1.32M$1.33M$1.28M$1.38M$1.40M$1.20M$1.38M$1.03M$817.00K$862.00K$894.00K$743.00K
QoQ Change+17.7%+6.6%+3.6%+2.7%-10.9%+6.4%-3.0%-4.2%+0.8%-3.5%+7.2%+1.6%-14.4%+15.3%-25.3%-20.8%+5.5%+3.7%-16.9%
YoY Change+33.5%+1.0%+0.8%-5.7%-12.0%-0.4%-9.6%-0.1%+5.9%-10.1%+7.5%-25.1%-41.6%-28.0%-35.2%-27.9%
Range$743.00K$1.50M
CAGR-8.3%
Avg YoY Growth-9.2%
Median YoY Growth-7.7%

Frequently Asked Questions

What is Granite Point Mortgage Trust's servicing expenses?
Granite Point Mortgage Trust (GPMT) reported servicing expenses of $743.00K in Q1 2026.
How has Granite Point Mortgage Trust's servicing expenses changed year-over-year?
Granite Point Mortgage Trust's servicing expenses decreased by 27.9% year-over-year, from $1.03M to $743.00K.
What is the long-term trend for Granite Point Mortgage Trust's servicing expenses?
Over 4 years (2021 to 2025), Granite Point Mortgage Trust's servicing expenses has grown at a -8.6% compound annual growth rate (CAGR), from $5.17M to $3.60M.
What does servicing expenses mean?
Expenses related to the administration and servicing of loans.