Discontinued — last reported Q3 '23
Business Segments · Interest expense and warehouse line fees
MSR Related Investments — Interest expense and warehouse line fees
New Residential Investment Corp. MSR Related Investments — Interest expense and warehouse line fees increased by 11.7% 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 increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toInterest Expense
How to read this metric
An increase may signal higher leverage or rising interest rates, which can compress net interest margins.
Detailed definition
This metric captures the costs associated with financing the MSR portfolio and the warehouse lines used to fund mortgage...
Peer comparison
Standard interest expense metric for companies utilizing warehouse financing.
Metric ID:
ritm_segment_msr_related_investments_interest_expense_and_warehouse_line_feesHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $25.96M | $26.5M | $26.37M | $25.79M | $26.03M | $31.7M | $30.37M | $33.91M |
| QoQ Change | — | +2.1% | -0.5% | -2.2% | +1.0% | +21.8% | -4.2% | +11.7% |
| YoY Change | — | — | — | -0.7% | -1.8% | +20.2% | +17.8% | +30.2% |
Range$25.79M – $33.91M
CAGR+16.5%
Avg YoY Growth+13.2%
Median YoY Growth+17.8%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — interest expense and warehouse line fees?
- New Residential Investment Corp. (NRZ) reported msr related investments — interest expense and warehouse line fees of $33.91M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — interest expense and warehouse line fees changed year-over-year?
- New Residential Investment Corp.'s msr related investments — interest expense and warehouse line fees increased by 30.2% year-over-year, from $26.03M to $33.91M.
- What does msr related investments — interest expense and warehouse line fees mean?
- Total interest and fees paid to finance mortgage servicing assets and loan origination lines.