Discontinued — last reported Q3 '24

Business Segments · Goodwill

Mortgage Loans Receivable — Goodwill

New Residential Investment Corp. Mortgage Loans Receivable — Goodwill remained flat by 0.0% to $55.73M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $55.73M to $55.73M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2024Nov 5, 2024
Rolls up toGoodwill

How to read this metric

A decrease indicates impairment, signaling that the segment's future earnings potential has declined below original expectations.

Detailed definition

This represents the intangible asset created when the Mortgage Loans Receivable segment was acquired for a price exceedi...

Peer comparison

Standard accounting metric for companies that have grown through acquisitions.

Metric ID: ritm_segment_mortgage_loans_receivable_goodwill

Historical Data

22 periods
 Q4 '21Q4 '21Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24
Value$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M$55.73M
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%
YoY Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%
Range$55.73M$55.73M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak21+ quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s mortgage loans receivable — goodwill?
New Residential Investment Corp. (NRZ) reported mortgage loans receivable — goodwill of $55.73M in Q3 2024.
How has New Residential Investment Corp.'s mortgage loans receivable — goodwill changed year-over-year?
New Residential Investment Corp.'s mortgage loans receivable — goodwill decreased by 0.0% year-over-year, from $55.73M to $55.73M.
What does mortgage loans receivable — goodwill mean?
The premium paid for the mortgage segment above its net asset value.