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.
Increasing expenses may suggest higher portfolio complexity or rising costs of managing distressed assets.
Costs incurred in the process of servicing the loan portfolio, including third-party servicing fees, administrative cost...
Standard for mortgage lenders and servicers; reflects the operational cost of maintaining the loan book.
other_servicing_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |