Discontinued — last reported Q3 '23
Business Segments · Interest Expense
MSR Related Investments — Interest Expense
New Residential Investment Corp. MSR Related Investments — Interest Expense remained flat by 0.0% to $33.91M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 30.2%, from $26.03M to $33.91M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toInterest Expense
How to read this metric
An increase relative to assets may signal rising cost of debt or higher leverage, potentially compressing net interest margins.
Detailed definition
The cost of borrowing funds specifically allocated to support the MSR-related investment segment. This includes interest...
Peer comparison
Standard expense line item for any financial institution utilizing leverage to fund asset portfolios.
Metric ID:
ritm_segment_msr_related_investments_interest_expenseHistorical Data
20 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $25.96M | $25.96M | $7.50M | $7.50M | $87.83M | $87.83M | $26.37M | $26.37M | $25.79M | $25.79M | $26.03M | $26.03M | $29.66M | $29.66M | $31.70M | $31.70M | $30.37M | $30.37M | $33.91M | $33.91M |
| QoQ Change | — | +0.0% | -71.1% | +0.0% | >999% | +0.0% | -70.0% | +0.0% | -2.2% | +0.0% | +1.0% | +0.0% | +13.9% | +0.0% | +6.9% | +0.0% | -4.2% | +0.0% | +11.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -0.7% | -0.7% | +247.2% | +247.2% | -66.2% | -66.2% | +20.2% | +20.2% | +17.8% | +17.8% | +30.2% | +30.2% |
Range$7.50M – $87.83M
CAGR+5.8%
Avg YoY Growth+41.4%
Median YoY Growth+19.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — interest expense?
- New Residential Investment Corp. (NRZ) reported msr related investments — interest expense of $33.91M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — interest expense changed year-over-year?
- New Residential Investment Corp.'s msr related investments — interest expense increased by 30.2% year-over-year, from $26.03M to $33.91M.
- What does msr related investments — interest expense mean?
- The total interest costs paid to finance the company's mortgage servicing and investment activities.