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Discontinued — last reported Q3 '23

Business Segments · Interest Income

Mortgage Loans Receivable — Interest Income

New Residential Investment Corp. Mortgage Loans Receivable — Interest Income increased by 1.1% to $59.46M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 40.5%, from $42.34M to $59.46M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023

How to read this metric

An increase indicates a larger portfolio or higher interest rates, while a decrease suggests portfolio contraction or lower yields.

Detailed definition

This represents the interest earned on mortgage loans held within the segment's portfolio. It is a fundamental revenue d...

Peer comparison

Standard interest income metric for financial segments; peers report this as a primary revenue line item.

Metric ID: ritm_segment_mortgage_loans_receivable_interest_income

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$0$0$4.22M$34.28M$36.75M$42.34M$53.12M$58.34M$58.81M$59.46M
QoQ Change+712.4%+7.2%+15.2%+25.5%+9.8%+0.8%+1.1%
YoY Change>999%+70.2%+60.0%+40.5%
Range$0$59.46M
Avg YoY Growth+332.4%
Median YoY Growth+65.1%
Current Streak7+ quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s mortgage loans receivable — interest income?
New Residential Investment Corp. (NRZ) reported mortgage loans receivable — interest income of $59.46M in Q3 2023.
How has New Residential Investment Corp.'s mortgage loans receivable — interest income changed year-over-year?
New Residential Investment Corp.'s mortgage loans receivable — interest income increased by 40.5% year-over-year, from $42.34M to $59.46M.
What does mortgage loans receivable — interest income mean?
The interest revenue earned from holding mortgage loans.