Rocket Companies Fair value of servicing rights decreased by 0.3% to $19.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 163.6%, from $7.35B to $19.38B. Over 5 years (FY 2020 to FY 2025), Fair value of servicing rights shows an upward trend with a 46.7% CAGR.
Higher values suggest a larger mortgage servicing portfolio, while declines often signal rising interest rates leading to faster prepayments.
The fair value of the rights to service mortgage loans for third-party investors, such as Ginnie Mae or private securiti...
Common among large retail banks with significant mortgage banking operations.
non_current_assets_servicing_asset_at_fair_value_amount| 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 | $4.64B | $4.70B | $5.39B | $6.41B | $6.66B | $7.26B | $6.95B | $6.67B | $6.44B | $6.68B | $6.44B | $6.69B | $7.16B | $6.81B | $7.63B | $7.35B | $7.57B | $7.36B | $19.44B | $19.38B |
| QoQ Change | — | +1.2% | +14.6% | +19.0% | +3.9% | +9.0% | -4.3% | -4.0% | -3.4% | +3.6% | -3.6% | +3.9% | +7.0% | -4.9% | +12.1% | -3.7% | +2.9% | -2.7% | +164.0% | -0.3% |
| YoY Change | — | — | — | — | +43.4% | +54.4% | +29.0% | +4.1% | -3.2% | -8.0% | -7.3% | +0.3% | +11.2% | +2.0% | +18.5% | +9.8% | +5.6% | +8.1% | +154.7% | +163.6% |