Mortgage servicing rights
Ready Capital Mortgage servicing rights decreased by 2.1% to $123.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $129.81M to $123.69M. Over 5 years (FY 2020 to FY 2025), Mortgage servicing rights shows an upward trend with a 1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values indicate a larger servicing portfolio and potential for steady fee income, though they are subject to valuation adjustments.
Detailed definition
This represents the capitalized value of the right to service mortgage loans after they have been sold to investors. It...
Peer comparison
Key metric for mortgage lenders; peers are compared based on the size and quality of their servicing portfolios.
mortgage_servicing_rightsHistorical Data
| 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 | $145.27M | $171.11M | $204.60M | $244.14M | $253.51M | $277.69M | $87.12M | $278.94M | $94.89M | $100.28M | $102.84M | $103.56M | $119.77M | $127.99M | $128.44M | $129.81M | $124.28M | $126.97M | $126.28M | $123.69M |
| QoQ Change | — | +17.8% | +19.6% | +19.3% | +3.8% | +9.5% | -68.6% | +220.2% | -66.0% | +5.7% | +2.5% | +0.7% | +15.7% | +6.9% | +0.4% | +1.1% | -4.3% | +2.2% | -0.5% | -2.1% |
| YoY Change | — | — | — | — | +74.5% | +62.3% | -57.4% | +14.3% | -62.6% | -63.9% | +18.0% | -62.9% | +26.2% | +27.6% | +24.9% | +25.4% | +3.8% | -0.8% | -1.7% | -4.7% |
Mortgage servicing rights at Other Companies
Frequently Asked Questions
- What is Ready Capital's mortgage servicing rights?
- Ready Capital (RC) reported mortgage servicing rights of $123.69M in Q1 2026.
- How has Ready Capital's mortgage servicing rights changed year-over-year?
- Ready Capital's mortgage servicing rights decreased by 4.7% year-over-year, from $129.81M to $123.69M.
- What is the long-term trend for Ready Capital's mortgage servicing rights?
- Over 5 years (2020 to 2025), Ready Capital's mortgage servicing rights has grown at a 1.9% compound annual growth rate (CAGR), from $114.66M to $126.28M.
- What does mortgage servicing rights mean?
- The value of the right to collect fees for managing mortgage loans on behalf of others.