Discontinued — last reported Q3 '24
Mortgage Loans Receivable — Interest Expense
New Residential Investment Corp. Mortgage Loans Receivable — Interest Expense remained flat by 0.0% to $34.30M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 28.4%, from $26.73M to $34.30M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher borrowing costs or increased leverage within the segment, while a decrease may indicate lower debt levels or favorable refinancing.
Detailed definition
This represents the total interest costs incurred on debt obligations specifically allocated to the mortgage loans recei...
Peer comparison
Standard across mortgage REITs and financial institutions; peers typically report this as interest expense on segment-specific debt.
ritm_segment_mortgage_loans_receivable_interest_expenseHistorical Data
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $1.00M | $1.00M | $6.97M | $6.97M | $12.68M | $12.68M | $18.89M | $18.89M | $25.65M | $25.65M | $30.69M | $30.69M | $24.36M | $24.36M | $26.73M | $26.73M | $44.06M | $44.06M | $36.95M | $36.95M | $29.11M | $29.11M | $34.30M | $34.30M |
| QoQ Change | — | — | — | — | — | +0.0% | +596.9% | +0.0% | +81.9% | +0.0% | +49.0% | +0.0% | +35.8% | +0.0% | +19.7% | +0.0% | -20.6% | +0.0% | +9.7% | +0.0% | +64.9% | +0.0% | -16.1% | +0.0% | -21.2% | +0.0% | +17.9% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | >999% | >999% | +340.4% | +340.4% | +92.1% | +92.1% | +41.5% | +41.5% | +71.8% | +71.8% | +20.4% | +20.4% | +19.5% | +19.5% | +28.4% | +28.4% |
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Frequently Asked Questions
- What is New Residential Investment Corp.'s mortgage loans receivable — interest expense?
- New Residential Investment Corp. (NRZ) reported mortgage loans receivable — interest expense of $34.30M in Q3 2024.
- How has New Residential Investment Corp.'s mortgage loans receivable — interest expense changed year-over-year?
- New Residential Investment Corp.'s mortgage loans receivable — interest expense increased by 28.4% year-over-year, from $26.73M to $34.30M.
- What does mortgage loans receivable — interest expense mean?
- The total interest paid on debt used to finance the mortgage loans receivable segment.