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Non-Current Assets

Mortgage servicing rights

Franklin BSP Realty Trust Mortgage servicing rights decreased by 0.2% to $211.85M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher values indicate a larger servicing portfolio, which provides a steady, recurring stream of non-interest income.

Detailed definition

This represents the capitalized value of the right to perform administrative tasks for mortgage loans after they have be...

Peer comparison

A key asset for mortgage lenders; valuation is highly sensitive to prepayment speeds and interest rate changes.

Metric ID: mortgage_servicing_rights

Historical Data

4 periods
 Q4 '24Q3 '25Q4 '25Q1 '26
Value$0$208.56M$212.22M$211.85M
QoQ Change+1.8%-0.2%
Range$0$212.22M

Product Breakdown

View all
SegmentQ1 '26
Benefit Street Partners$4.9B
Total$211.85M

Frequently Asked Questions

What is Franklin BSP Realty Trust's mortgage servicing rights?
Franklin BSP Realty Trust (FBRT) reported mortgage servicing rights of $211.85M in Q1 2026.
What does mortgage servicing rights mean?
The value of the right to collect fees for managing mortgage loans sold to others.