Other
Servicing expenses
Granite Point Mortgage Trust Servicing expenses decreased by 16.9% to $743K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.9%, from $1.03M to $743K. Over 4 years (FY 2021 to FY 2025), Servicing expenses shows a downward trend with a -8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 5, 2026
How to read this metric
Increasing expenses may suggest higher portfolio complexity or rising costs of managing distressed assets.
Detailed definition
Costs incurred in the process of servicing the loan portfolio, including third-party servicing fees, administrative cost...
Peer comparison
Standard for mortgage lenders and servicers; reflects the operational cost of maintaining the loan book.
Metric ID:
other_servicing_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 | $1.12M | $1.32M | $1.41M | $1.46M | $1.5M | $1.34M | $1.42M | $1.38M | $1.32M | $1.33M | $1.28M | $1.38M | $1.4M | $1.2M | $1.38M | $1.03M | $817K | $862K | $894K | $743K |
| QoQ Change | — | +17.7% | +6.6% | +3.6% | +2.7% | -10.9% | +6.4% | -3.0% | -4.2% | +0.8% | -3.5% | +7.2% | +1.6% | -14.4% | +15.3% | -25.3% | -20.8% | +5.5% | +3.7% | -16.9% |
| YoY Change | — | — | — | — | +33.5% | +1.0% | +0.8% | -5.7% | -12.0% | -0.4% | -9.6% | -0.1% | +5.9% | -10.1% | +7.5% | -25.1% | -41.6% | -28.0% | -35.2% | -27.9% |
Range$743K – $1.5M
CAGR-8.3%
Avg YoY Growth-9.2%
Median YoY Growth-7.7%
Servicing expenses at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's servicing expenses?
- Granite Point Mortgage Trust (GPMT) reported servicing expenses of $743K in Q1 2026.
- How has Granite Point Mortgage Trust's servicing expenses changed year-over-year?
- Granite Point Mortgage Trust's servicing expenses decreased by 27.9% year-over-year, from $1.03M to $743K.
- What is the long-term trend for Granite Point Mortgage Trust's servicing expenses?
- Over 4 years (2021 to 2025), Granite Point Mortgage Trust's servicing expenses has grown at a -8.6% compound annual growth rate (CAGR), from $5.17M to $3.6M.
- What does servicing expenses mean?
- Expenses related to the administration and servicing of loans.