Business Segments · Operating Expenses

Origination and Servicing — Operating Expenses

New Residential Investment Corp. Origination and Servicing — Operating Expenses remained flat by 0.0% to $580.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $617.08M to $580.23M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2021
Last reportedQ1 2026May 4, 2026

How to read this metric

A decrease in operating expenses relative to revenue indicates improved operational efficiency and better profit margins.

Detailed definition

The aggregate of all costs incurred to run the origination and servicing segment, including personnel, technology, finan...

Peer comparison

Comparable to total operating expenses for mortgage banking segments at diversified financial institutions.

Metric ID: ritm_segment_origination_and_servicing_operating_expenses

Historical Data

38 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q4 '25Q4 '25Q1 '26Q1 '26
Value$401.20M$401.20M$615.45M$615.45M$679.05M$679.05M$619.69M$619.69M$573.37M$573.37M$623.02M$623.02M$352.42M$352.42M$347.36M$347.36M$356.13M$356.13M$1.17B$1.17B$575.97M$575.97M$666.96M$666.96M$693.14M$693.14M$654.70M$654.70M$617.08M$617.08M$627.06M$627.06M$600.33M$600.33M$633.88M$633.88M$580.23M$580.23M
QoQ Change+0.0%+53.4%+0.0%+10.3%+0.0%-8.7%+0.0%-7.5%+0.0%+8.7%+0.0%-43.4%+0.0%-1.4%+0.0%+2.5%+0.0%+228.2%+0.0%-50.7%+0.0%+15.8%+0.0%+3.9%+0.0%-5.5%+0.0%-5.7%+0.0%+1.6%+0.0%-4.3%+0.0%+5.6%+0.0%-8.5%+0.0%
YoY Change+54.5%+54.5%-6.8%-6.8%-48.1%-48.1%-43.9%-43.9%-37.9%-37.9%+87.6%+87.6%+63.4%+63.4%+92.0%+92.0%+94.6%+94.6%-44.0%-44.0%+7.1%+7.1%-6.0%-6.0%-13.4%-13.4%-3.2%-3.2%-6.0%-6.0%
Range$347.36M$1.17B
CAGR+4.1%
Avg YoY Growth+12.7%
Median YoY Growth-6.0%

Frequently Asked Questions

What is New Residential Investment Corp.'s origination and servicing — operating expenses?
New Residential Investment Corp. (NRZ) reported origination and servicing — operating expenses of $580.23M in Q1 2026.
How has New Residential Investment Corp.'s origination and servicing — operating expenses changed year-over-year?
New Residential Investment Corp.'s origination and servicing — operating expenses decreased by 6.0% year-over-year, from $617.08M to $580.23M.
What does origination and servicing — operating expenses mean?
Total costs required to operate the mortgage origination and servicing business.