Interest expense and warehouse line fees
New Residential Investment Corp. Interest expense and warehouse line fees increased by 1.9% to $430.66M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $419.05M to $430.66M. Over 3 years (FY 2022 to FY 2025), Interest expense and warehouse line fees shows an upward trend with a 28.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher debt levels or rising interest rates, which may compress net interest margins.
Detailed definition
This metric captures the costs associated with borrowing funds to finance operations, specifically including warehouse l...
Peer comparison
Highly relevant for financial services and mortgage REITs; peers will have varying levels based on leverage strategy.
operating_expenses_interest_expense_and_warehouse_line_feesHistorical Data
| 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 | $138.79M | $146.69M | $213.54M | $278.77M | $304.22M | $324.24M | $377.53M | $395.35M | $409.83M | $465.94M | $510.17M | $449.39M | $419.05M | $417.87M | $402.69M | $422.82M | $430.66M |
| QoQ Change | — | +5.7% | +45.6% | +30.5% | +9.1% | +6.6% | +16.4% | +4.7% | +3.7% | +13.7% | +9.5% | -11.9% | -6.7% | -0.3% | -3.6% | +5.0% | +1.9% |
| YoY Change | — | — | — | — | +119.2% | +121.0% | +76.8% | +41.8% | +34.7% | +43.7% | +35.1% | +13.7% | +2.3% | -10.3% | -21.1% | -5.9% | +2.8% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Origination and Servicing | $344.73M | $370.64M | $322.89M | $292.95M | $283.62M | $254.25M | $254.33M | $215.8M |
| Investment Portfolio | $62.08M | $79.89M | $59.55M | $59.64M | $69.9M | $78.77M | $87.93M | $76.56M |
| Corporate Category | $21.7M | $17.1M | $24.97M | $20.68M | $22.02M | $26.7M | $26.73M | $38.02M |
| Residential Transitional Lending | — | — | — | $31.7M | $33.62M | $36.79M | $34.96M | $35.66M |
| Total | $465.94M | $510.17M | $449.39M | $419.05M | $417.87M | $402.69M | $422.82M | $430.66M |
Interest expense and warehouse line fees at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s interest expense and warehouse line fees?
- New Residential Investment Corp. (NRZ) reported interest expense and warehouse line fees of $430.66M in Q1 2026.
- How has New Residential Investment Corp.'s interest expense and warehouse line fees changed year-over-year?
- New Residential Investment Corp.'s interest expense and warehouse line fees increased by 2.8% year-over-year, from $419.05M to $430.66M.
- What is the long-term trend for New Residential Investment Corp.'s interest expense and warehouse line fees?
- Over 3 years (2022 to 2025), New Residential Investment Corp.'s interest expense and warehouse line fees has grown at a 28.8% compound annual growth rate (CAGR), from $777.79M to $1.66B.
- What does interest expense and warehouse line fees mean?
- The cost of borrowing money to fund daily operations and asset financing.