Discontinued — last reported Q3 '23
MSR Related Investments — Net income (loss)
New Residential Investment Corp. MSR Related Investments — Net income (loss) remained flat by 0.0% to -$23.83M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 62.7%, from -$14.65M to -$23.83M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved profitability or favorable valuation adjustments in the servicing portfolio, while a decrease suggests margin compression or adverse market conditions.
Detailed definition
This metric represents the total net profit or loss generated by the Mortgage Servicing Rights (MSR) related investments...
Peer comparison
Comparable to net income metrics for mortgage servicing segments at other REITs or mortgage finance companies.
ritm_segment_msr_related_investments_net_income_lossHistorical Data
| 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 | -$161.25M | -$161.25M | -$16.13M | -$16.13M | -$115.16M | -$115.16M | $113.27M | $113.27M | $32.06M | $32.06M | -$14.65M | -$14.65M | $57.57M | $57.57M | -$29.85M | -$29.85M | $53.36M | $53.36M | -$23.83M | -$23.83M |
| QoQ Change | — | +0.0% | +90.0% | +0.0% | -613.9% | +0.0% | +198.4% | +0.0% | -71.7% | +0.0% | -145.7% | +0.0% | +492.9% | +0.0% | -151.9% | +0.0% | +278.8% | +0.0% | -144.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +119.9% | +119.9% | +9.2% | +9.2% | +150.0% | +150.0% | -126.4% | -126.4% | +66.5% | +66.5% | -62.7% | -62.7% |
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — net income (loss)?
- New Residential Investment Corp. (NRZ) reported msr related investments — net income (loss) of -$23.83M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — net income (loss) changed year-over-year?
- New Residential Investment Corp.'s msr related investments — net income (loss) decreased by 62.7% year-over-year, from -$14.65M to -$23.83M.
- What does msr related investments — net income (loss) mean?
- The total profit or loss generated by the mortgage servicing rights business segment.