Discontinued — last reported Q3 '23

Business Segments · Interest Income

MSR Related Investments — Interest Income

New Residential Investment Corp. MSR Related Investments — Interest Income remained flat by 0.0% to $35.34M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 129.5%, from $15.40M to $35.34M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023

How to read this metric

An increase indicates higher yields on deployed capital or a larger base of interest-earning assets.

Detailed definition

This metric represents the interest earned on cash balances, MSR financing receivables, and other interest-bearing asset...

Peer comparison

Standard interest income line item for financial services segments.

Metric ID: ritm_segment_msr_related_investments_interest_income

Historical Data

20 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$3.00M$3.00M$11.39M$11.39M$13.19M$13.19M$15.70M$15.70M$11.34M$11.34M$15.40M$15.40M$62.84M$62.84M$24.56M$24.56M$35.62M$35.62M$35.34M$35.34M
QoQ Change+0.0%+279.5%+0.0%+15.9%+0.0%+19.0%+0.0%-27.8%+0.0%+35.8%+0.0%+308.0%+0.0%-60.9%+0.0%+45.0%+0.0%-0.8%+0.0%
YoY Change+278.0%+278.0%+35.3%+35.3%+376.3%+376.3%+56.4%+56.4%+214.1%+214.1%+129.5%+129.5%
Range$3.00M$62.84M
CAGR+68.1%
Avg YoY Growth+181.6%
Median YoY Growth+171.8%

Frequently Asked Questions

What is New Residential Investment Corp.'s msr related investments — interest income?
New Residential Investment Corp. (NRZ) reported msr related investments — interest income of $35.34M in Q3 2023.
How has New Residential Investment Corp.'s msr related investments — interest income changed year-over-year?
New Residential Investment Corp.'s msr related investments — interest income increased by 129.5% year-over-year, from $15.40M to $35.34M.
What does msr related investments — interest income mean?
Interest revenue generated from assets held within the mortgage servicing segment.