Servicing revenue, net — Revenue
New Residential Investment Corp. Servicing revenue, net — Revenue remained flat by 0.0% to $375.06M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 58.0%, from $237.42M to $375.06M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved servicing efficiency or a larger, more profitable portfolio, while a decrease suggests rising costs or portfolio runoff.
Detailed definition
This metric represents the net income generated from mortgage servicing rights, calculated as the total servicing fees c...
Peer comparison
Peers in the mortgage REIT and non-bank mortgage servicer space typically report this as a primary revenue driver, with performance heavily influenced by interest rate environments and prepayment speeds.
ritm_segment_servicing_revenue_net_revenueHistorical Data
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | 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 | $245.45M | $245.45M | $245.45M | $245.45M | $245.45M | $245.45M | $1.03B | $1.03B | $804.17M | $804.17M | $433.99M | $433.99M | $290.90M | $290.90M | $327.54M | $327.54M | $487.59M | $487.59M | $463.58M | $463.58M | $15.86M | $15.86M | $554.07M | $554.07M | $357.09M | $357.09M | $125.76M | $125.76M | $565.74M | $565.74M | $237.42M | $237.42M | $419.81M | $419.81M | $314.93M | $314.93M | $148.26M | $148.26M | $375.06M | $375.06M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +320.4% | +0.0% | -22.1% | +0.0% | -46.0% | +0.0% | -33.0% | +0.0% | +12.6% | +0.0% | +48.9% | +0.0% | -4.9% | +0.0% | -96.6% | +0.0% | >999% | +0.0% | -35.6% | +0.0% | -64.8% | +0.0% | +349.9% | +0.0% | -58.0% | +0.0% | +76.8% | +0.0% | -25.0% | +0.0% | -52.9% | +0.0% | +153.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +227.6% | +227.6% | +76.8% | +76.8% | +18.5% | +18.5% | -68.3% | -68.3% | -39.4% | -39.4% | +6.8% | +6.8% | -94.5% | -94.5% | +69.2% | +69.2% | -26.8% | -26.8% | -72.9% | -72.9% | >999% | >999% | -57.1% | -57.1% | +17.6% | +17.6% | +150.4% | +150.4% | -73.8% | -73.8% | +58.0% | +58.0% |
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing revenue, net — revenue?
- New Residential Investment Corp. (NRZ) reported servicing revenue, net — revenue of $375.06M in Q1 2026.
- How has New Residential Investment Corp.'s servicing revenue, net — revenue changed year-over-year?
- New Residential Investment Corp.'s servicing revenue, net — revenue increased by 58.0% year-over-year, from $237.42M to $375.06M.
- What does servicing revenue, net — revenue mean?
- The net profit earned from managing mortgage payments and servicing loan portfolios after accounting for asset costs.