Discontinued — last reported Q3 '24
Business Segments · Operating Expenses
Mortgage Loans Receivable — Operating Expenses
New Residential Investment Corp. Mortgage Loans Receivable — Operating Expenses remained flat by 0.0% to $49.12M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $42.25M to $49.12M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024Nov 5, 2024
Rolls up toTotal Operating Expenses
How to read this metric
An increase relative to revenue indicates declining operational efficiency, while a decrease suggests improved cost control.
Detailed definition
The aggregate of all costs incurred to operate the mortgage loans receivable segment, including interest expense, person...
Peer comparison
Standard 'Total Operating Expenses' metric for business segments.
Metric ID:
ritm_segment_mortgage_loans_receivable_operating_expensesHistorical Data
28 periods
| 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 | $2.80M | $2.80M | $23.38M | $23.38M | $27.28M | $27.28M | $34.13M | $34.13M | $30.47M | $30.47M | $46.92M | $46.92M | $39.15M | $39.15M | $42.25M | $42.25M | $44.79M | $44.79M | $53.01M | $53.01M | $44.53M | $44.53M | $49.12M | $49.12M |
| QoQ Change | — | — | — | — | — | +0.0% | +734.3% | +0.0% | +16.7% | +0.0% | +25.1% | +0.0% | -10.7% | +0.0% | +54.0% | +0.0% | -16.6% | +0.0% | +7.9% | +0.0% | +6.0% | +0.0% | +18.3% | +0.0% | -16.0% | +0.0% | +10.3% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | +987.5% | +987.5% | +100.7% | +100.7% | +43.5% | +43.5% | +23.8% | +23.8% | +47.0% | +47.0% | +13.0% | +13.0% | +13.7% | +13.7% | +16.3% | +16.3% |
Range$0.00 – $53.01M
Avg YoY Growth+155.7%
Median YoY Growth+33.7%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s mortgage loans receivable — operating expenses?
- New Residential Investment Corp. (NRZ) reported mortgage loans receivable — operating expenses of $49.12M in Q3 2024.
- How has New Residential Investment Corp.'s mortgage loans receivable — operating expenses changed year-over-year?
- New Residential Investment Corp.'s mortgage loans receivable — operating expenses increased by 16.3% year-over-year, from $42.25M to $49.12M.
- What does mortgage loans receivable — operating expenses mean?
- The total cost to operate the mortgage lending business.