Other
Servicing costs
Two Harbors Investment Corporation Servicing costs decreased by 45.4% to $1.85M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 42.2%, from $3.20M to $1.85M. Over 4 years (FY 2021 to FY 2025), Servicing costs shows a downward trend with a -38.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Higher expenses relative to servicing income may indicate operational inefficiency or increased reliance on third-party vendors.
Detailed definition
Costs incurred to outsource the servicing of mortgage loans to third-party providers. This metric reflects the operation...
Peer comparison
Common for firms that outsource servicing; benchmarked against internal servicing cost structures.
Metric ID:
other_subservicing_expenseHistorical Data
20 periods
| 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 | $18.68M | $21.04M | $21.58M | $24.70M | $22.99M | $21.15M | $25.27M | $28.37M | $25.19M | $29.90M | $12.03M | $7.12M | $4.48M | $3.90M | $4.58M | $3.20M | $2.39M | $3.76M | $3.38M | $1.85M |
| QoQ Change | — | +12.6% | +2.6% | +14.5% | -6.9% | -8.0% | +19.5% | +12.2% | -11.2% | +18.7% | -59.8% | -40.8% | -37.1% | -12.8% | +17.3% | -30.1% | -25.4% | +57.7% | -10.1% | -45.4% |
| YoY Change | — | — | — | — | +23.1% | +0.5% | +17.1% | +14.8% | +9.6% | +41.4% | -52.4% | -74.9% | -82.2% | -87.0% | -62.0% | -55.1% | -46.7% | -3.5% | -26.1% | -42.2% |
Range$1.85M – $29.90M
CAGR-38.6%
Avg YoY Growth-26.6%
Median YoY Growth-34.1%
Current Streak2 quarters decline
Servicing costs at Other Companies
Frequently Asked Questions
- What is Two Harbors Investment Corporation's servicing costs?
- Two Harbors Investment Corporation (TWO) reported servicing costs of $1.85M in Q1 2026.
- How has Two Harbors Investment Corporation's servicing costs changed year-over-year?
- Two Harbors Investment Corporation's servicing costs decreased by 42.2% year-over-year, from $3.20M to $1.85M.
- What is the long-term trend for Two Harbors Investment Corporation's servicing costs?
- Over 4 years (2021 to 2025), Two Harbors Investment Corporation's servicing costs has grown at a -38.0% compound annual growth rate (CAGR), from $86.25M to $12.73M.
- What does servicing costs mean?
- The cost of paying third parties to handle mortgage servicing tasks.