Lennar LEN Lennar Financial Services — Mortgage servicing rights
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Where this comes from
Reported directly by Lennar in its filing.
Tagged under the XBRL concept us-gaap:ServicingAssetAtFairValueAmount.
The official record: Lennar’s 10-Q, filed June 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Lennar's lennar financial services — mortgage servicing rights?
- Lennar (LEN) reported lennar financial services — mortgage servicing rights of $2.98M in Q1 2026.
- How has Lennar's lennar financial services — mortgage servicing rights changed year-over-year?
- Lennar's lennar financial services — mortgage servicing rights decreased by 14.0% year-over-year, from $3.47M to $2.98M.
- What is the long-term trend for Lennar's lennar financial services — mortgage servicing rights?
- Over 4 years (2021 to 2025), Lennar's lennar financial services — mortgage servicing rights has grown at a 10.4% compound annual growth rate (CAGR), from $8.98M to $13.32M.
- What does lennar financial services — mortgage servicing rights mean?
- This represents the capitalized value of the right to collect mortgage payments, manage escrow accounts, and handle customer service for loans sold to third parties. These rights are an intangible asset that generates a recurring fee stream for the company. The valuation of these rights is highly sensitive to interest rate changes and prepayment speeds.