Two Harbors Investment Corporation Payments to Acquire Mortgage Servicing Rights (MSR) decreased by 59.3% to $985.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.9%, from $1.51M to $985.00K. Over 4 years (FY 2021 to FY 2025), Payments to Acquire Mortgage Servicing Rights (MSR) shows a downward trend with a -38.8% CAGR.
Increased spending indicates a strategic push to grow fee-based income, while decreased spending suggests a pullback from the mortgage servicing market.
Cash outflows associated with the purchase of rights to service mortgage loans, which allow the bank to collect fees for...
Common among mortgage-active banks; peers vary based on their specific mortgage banking strategy.
investing_payments_to_acquire_mortgage_servicing_rights_msr| 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 | $196.40M | $268.06M | $109.53M | $487.76M | $50.67M | $60.88M | $30.50M | $117.44M | $179.83M | $4.32M | $11.04M | $40.07M | $3.35M | $43.19M | $27.51M | $1.51M | $91.41M | $8.65M | $2.42M | $985.00K |
| QoQ Change | — | +36.5% | -59.1% | +345.3% | -89.6% | +20.2% | -49.9% | +285.1% | +53.1% | -97.6% | +155.6% | +262.9% | -91.6% | >999% | -36.3% | -94.5% | >999% | -90.5% | -72.0% | -59.3% |
| YoY Change | — | — | — | — | -74.2% | -77.3% | -72.2% | -75.9% | +254.9% | -92.9% | -63.8% | -65.9% | -98.1% | +899.6% | +149.1% | -96.2% | >999% | -80.0% | -91.2% | -34.9% |