Operating Expenses
Interest expense and warehouse line fees
New Residential Investment Corp. Interest expense and warehouse line fees remained flat by 0.0% to $430.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $419.05M to $430.66M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase suggests higher debt levels or rising interest rates, which may compress net interest margins.
Detailed definition
This metric captures the costs associated with borrowing funds to finance operations, specifically including warehouse l...
Peer comparison
Highly relevant for financial services and mortgage REITs; peers will have varying levels based on leverage strategy.
Metric ID:
operating_expenses_interest_expense_and_warehouse_line_feesHistorical Data
34 periods
| Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q2 '25 | Q2 '25 | Q3 '25 | Q3 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $138.79M | $138.79M | $146.69M | $146.69M | $213.54M | $213.54M | $278.77M | $278.77M | $304.22M | $304.22M | $324.24M | $324.24M | $377.53M | $377.53M | $395.35M | $395.35M | $409.83M | $409.83M | $465.94M | $465.94M | $510.17M | $510.17M | $449.39M | $449.39M | $419.05M | $419.05M | $417.87M | $417.87M | $402.69M | $402.69M | $422.82M | $422.82M | $430.66M | $430.66M |
| QoQ Change | — | +0.0% | +5.7% | +0.0% | +45.6% | +0.0% | +30.5% | +0.0% | +9.1% | +0.0% | +6.6% | +0.0% | +16.4% | +0.0% | +4.7% | +0.0% | +3.7% | +0.0% | +13.7% | +0.0% | +9.5% | +0.0% | -11.9% | +0.0% | -6.7% | +0.0% | -0.3% | +0.0% | -3.6% | +0.0% | +5.0% | +0.0% | +1.9% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +119.2% | +119.2% | +121.0% | +121.0% | +76.8% | +76.8% | +41.8% | +41.8% | +34.7% | +34.7% | +43.7% | +43.7% | +35.1% | +35.1% | +13.7% | +13.7% | +2.3% | +2.3% | -10.3% | -10.3% | -21.1% | -21.1% | -5.9% | -5.9% | +2.8% | +2.8% |
Range$138.79M – $510.17M
CAGR+14.7%
Avg YoY Growth+34.9%
Median YoY Growth+34.7%
Current Streak5 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Origination and Servicing | $344.73M | $370.64M | $322.89M | $292.95M | $283.62M | $254.25M | $254.33M | $215.80M |
| Investment Portfolio | $62.08M | $79.89M | $59.55M | $59.64M | $69.90M | $78.77M | $87.93M | $76.56M |
| Corporate Category | $21.70M | $17.10M | $24.97M | $20.68M | $22.02M | $26.70M | $26.73M | $38.02M |
| Residential Transitional Lending | — | — | — | $31.70M | $33.62M | $36.79M | $34.96M | $35.66M |
| Total | $465.94M | $510.17M | $449.39M | $419.05M | $417.87M | $402.69M | $422.82M | $430.66M |
Interest expense and warehouse line fees at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s interest expense and warehouse line fees?
- New Residential Investment Corp. (NRZ) reported interest expense and warehouse line fees of $430.66M in Q1 2026.
- How has New Residential Investment Corp.'s interest expense and warehouse line fees changed year-over-year?
- New Residential Investment Corp.'s interest expense and warehouse line fees increased by 2.8% year-over-year, from $419.05M to $430.66M.
- What does interest expense and warehouse line fees mean?
- The cost of borrowing money to fund daily operations and asset financing.