What does real estate owned — mortgage servicing rights mean?

The carrying value of contractual rights to service mortgage loans, specifically attributed to the Real Estate Owned business segment. This represents the intangible asset value derived from the right to collect payments and manage escrow accounts for third-party mortgage holders.

Franklin BSP Realty Trust FBRT Real Estate Owned — Mortgage servicing rights

Other segment segments

Agency Business

$6.74M—

Conduit

$0—

Real Estate Debt and Other Real Estate Investments

$0—

Similar metrics at other companies

NEWTMortgage servicing rights

$41.7M+70.8%

ABRMortgage servicing rights

$9.66M+18.8%

RBBReal Estate Owned, Transfer to Real Estate Owned

$0-100%

HBT

HBTMortgage servicing rights

$20.09M+8.5%

TRMKMortgage servicing rights

$136.8M+1.8%

HTHMortgage servicing rights

$20.05M+190%

Other financials

Income statement

See full

Revenue$74.4M+35.1%

Net income$12.0M-50.2%

EPS (diluted)$0.07-65.0%

Balance sheet

See full

Cash & equivalents$115.6M-46.3%

Total debt$10.0M—

Total equity$1.4B-7.2%

Total assets$6.3B+11.4%

Cash flow

See full

Operating cash flow-$54.0M-146%

Valuation

See full

Market cap$621.86M-31.5%

Enterprise value$516.29M—

P/E8.9×+0.6×

P/S2.2×-2.1×

Profitability

See full

Net margin24.3%-14.5pp

Returns & leverage

See full

Return on equity4.9%-0.6pp

Debt / equity0×—

Where this comes from

Reported directly by Franklin BSP Realty Trust in its filing.

Tagged under the XBRL concept bsprt:OriginatedMortgageServicingRightsRevenue.

The official record: Franklin BSP Realty Trust’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Franklin BSP Realty Trust's real estate owned — mortgage servicing rights.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Franklin BSP Realty Trust's real estate owned — mortgage servicing rights?: Franklin BSP Realty Trust (FBRT) reported real estate owned — mortgage servicing rights of $0 in Q1 2026.
What does real estate owned — mortgage servicing rights mean?: The carrying value of contractual rights to service mortgage loans, specifically attributed to the Real Estate Owned business segment. This represents the intangible asset value derived from the right to collect payments and manage escrow accounts for third-party mortgage holders.