Lennar Lennar Financial Services — Mortgage servicing rights decreased by 14.8% to $2.78M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.6%, from $3.30M to $2.78M. Over 4 years (FY 2021 to FY 2025), Lennar Financial Services — Mortgage servicing rights shows an upward trend with a 10.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase in value suggests rising interest rates (which slow prepayments), while a decrease suggests falling rates (which accelerate prepayments and erode value).
This represents the capitalized value of the right to collect mortgage payments, manage escrow accounts, and handle cust...
Standard asset for mortgage banking companies; highly comparable across the mortgage industry.
len_segment_lennar_financial_services_mortgage_servicing_rights| Q1 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.60M | $2.38M | $2.49M | $2.79M | $3.22M | $3.36M | $3.46M | $3.45M | $3.40M | $3.42M | $3.44M | $3.48M | $3.65M | $3.37M | $3.46M | $3.30M | $3.47M | $3.29M | $3.27M | $2.78M |
| QoQ Change | — | -8.5% | +4.6% | +12.1% | +15.3% | +4.2% | +3.2% | -0.4% | -1.5% | +0.5% | +0.7% | +1.0% | +5.1% | -7.8% | +2.9% | -4.8% | +5.2% | -5.1% | -0.7% | -14.8% |
| YoY Change | — | — | — | — | +23.8% | +40.9% | +39.0% | +23.5% | +5.5% | +1.8% | -0.7% | +0.7% | +7.5% | -1.5% | +0.7% | -5.1% | -5.1% | -2.3% | -5.7% | -15.6% |