Discontinued — last reported Q3 '24

Business Segments · Net income (loss)

Mortgage Loans Receivable — Net income (loss)

New Residential Investment Corp. Mortgage Loans Receivable — Net income (loss) remained flat by 0.0% to $32.39M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 61.0%, from $20.12M to $32.39M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2024Nov 5, 2024
Rolls up toNet Income

How to read this metric

Higher net income indicates strong segment performance and effective management of interest spreads and operational costs.

Detailed definition

The total net profit or loss generated by the Mortgage Loans Receivable segment after accounting for all operating expen...

Peer comparison

Commonly reported by mortgage REITs and financial institutions to show segment-level contribution to total firm earnings.

Metric ID: ritm_segment_mortgage_loans_receivable_net_income_loss

Historical Data

26 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24
Value$0.00$0.00$0.00$0.00$1.42M$1.42M$7.02M$7.02M$9.75M$9.75M$44.93M$44.93M$24.79M$24.79M$10.41M$10.41M$28.22M$28.22M$20.12M$20.12M$41.42M$41.42M$29.72M$29.72M$32.39M$32.39M
QoQ Change+0.0%+395.3%+0.0%+38.9%+0.0%+360.9%+0.0%-44.8%+0.0%-58.0%+0.0%+171.1%+0.0%-28.7%+0.0%+105.9%+0.0%-28.3%+0.0%+9.0%+0.0%
YoY Change>999%>999%+48.3%+48.3%+189.5%+189.5%-55.2%-55.2%+297.9%+297.9%+5.3%+5.3%+61.0%+61.0%
Range$0.00$44.93M
Avg YoY Growth+313.7%
Median YoY Growth+61.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s mortgage loans receivable — net income (loss)?
New Residential Investment Corp. (NRZ) reported mortgage loans receivable — net income (loss) of $32.39M in Q3 2024.
How has New Residential Investment Corp.'s mortgage loans receivable — net income (loss) changed year-over-year?
New Residential Investment Corp.'s mortgage loans receivable — net income (loss) increased by 61.0% year-over-year, from $20.12M to $32.39M.
What does mortgage loans receivable — net income (loss) mean?
The total profit or loss earned by the mortgage loans receivable business segment.