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Discontinued — last reported Q3 '24

Business Segments · Revenue

Mortgage Loans Receivable — Revenue

New Residential Investment Corp. Mortgage Loans Receivable — Revenue increased by 11.2% to $66.26M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 32.2%, from $50.14M to $66.26M. Over 2 years (FY 2021 to FY 2023), Mortgage Loans Receivable — Revenue shows an upward trend with a 598.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024Nov 5, 2024
Rolls up toTotal Revenue

How to read this metric

An increase indicates growth in the size or yield of the mortgage loan portfolio, while a decrease suggests portfolio contraction or lower interest rate environments.

Detailed definition

Represents the total gross income generated by the mortgage loans receivable business segment. This includes interest in...

Peer comparison

Standard across mortgage REITs and financial institutions reporting segment-level interest income.

Metric ID: ritm_segment_mortgage_loans_receivable_revenues

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$0$0$4.22M$34.28M$36.75M$42.34M$31.96M$58.34M$49.59M$50.14M$47.72M$73.67M$59.57M$66.26M
QoQ Change+712.4%+7.2%+15.2%-24.5%+82.6%-15.0%+1.1%-4.8%+54.4%-19.1%+11.2%
YoY Change+657.4%+70.2%+34.9%+18.4%+49.3%+26.3%+20.1%+32.2%
Range$0$73.67M
Avg YoY Growth+113.6%
Median YoY Growth+33.6%

Frequently Asked Questions

What is New Residential Investment Corp.'s mortgage loans receivable — revenue?
New Residential Investment Corp. (NRZ) reported mortgage loans receivable — revenue of $66.26M in Q3 2024.
How has New Residential Investment Corp.'s mortgage loans receivable — revenue changed year-over-year?
New Residential Investment Corp.'s mortgage loans receivable — revenue increased by 32.2% year-over-year, from $50.14M to $66.26M.
What is the long-term trend for New Residential Investment Corp.'s mortgage loans receivable — revenue?
Over 2 years (2021 to 2023), New Residential Investment Corp.'s mortgage loans receivable — revenue has grown at a 598.4% compound annual growth rate (CAGR), from $4.22M to $205.78M.
What does mortgage loans receivable — revenue mean?
Total gross income earned by the mortgage loans receivable business segment.