What is New Residential Investment Corp.'s corporate — servicing revenue, net?

New Residential Investment Corp. (NRZ) reported corporate — servicing revenue, net of $0 in Q1 2022.

What does corporate — servicing revenue, net mean?

The net income earned from managing and servicing mortgage loans after adjusting for changes in asset value.

Discontinued — last reported Q1 '22

Business Segments · Servicing revenue, net

Corporate — Servicing revenue, net

This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2019

Last reportedQ1 2022May 6, 2022

Rolls up toContractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset, Net Of Change In Fair Value

How to read this metric

An increase indicates higher servicing volume or improved fee collection efficiency, while a decrease may signal rising costs or negative fair value adjustments on servicing assets.

Detailed definition

This metric represents the net revenue generated from servicing mortgage assets, including contractually specified servi...

Peer comparison

Comparable to net servicing fee income reported by other mortgage REITs and non-bank mortgage servicers.

Metric ID: ritm_segment_corporate_servicing_revenue_net

Historical Data

4 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22
Value	$0	$0	$0	$0

Range$0 – $0

Similar Metrics at Other Companies

Ready CapitalRC View metric

PennyMac Mortgage Investment TrustPMT View metric

Cherry Hill Mortgage InvestmentCHMI View metric

Ready CapitalRC View metric

FBR

Franklin BSP Realty TrustFBRT View metric

Annaly Capital ManagementNLY View metric

Frequently Asked Questions

What is New Residential Investment Corp.'s corporate — servicing revenue, net?: New Residential Investment Corp. (NRZ) reported corporate — servicing revenue, net of $0 in Q1 2022.
What does corporate — servicing revenue, net mean?: The net income earned from managing and servicing mortgage loans after adjusting for changes in asset value.