Discontinued — last reported Q3 '23
Business Segments · Operating Expenses
MSR Related Investments — Operating Expenses
New Residential Investment Corp. MSR Related Investments — Operating Expenses remained flat by 0.0% to $100.18M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $88.85M to $100.18M. 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 toTotal Operating Expenses
How to read this metric
A decrease in operating expenses relative to revenue signals improved profitability and operational leverage.
Detailed definition
This metric aggregates all costs incurred to operate the MSR Related Investments segment, including personnel, technolog...
Peer comparison
Standard operating expense metric for business segments.
Metric ID:
ritm_segment_msr_related_investments_operating_expensesHistorical 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 | $76.09M | $76.09M | $106.68M | $106.68M | $111.90M | $111.90M | $104.32M | $104.32M | $95.79M | $95.79M | $88.85M | $88.85M | $14.30M | $14.30M | $100.94M | $100.94M | $105.66M | $105.66M | $100.18M | $100.18M |
| QoQ Change | — | +0.0% | +40.2% | +0.0% | +4.9% | +0.0% | -6.8% | +0.0% | -8.2% | +0.0% | -7.2% | +0.0% | -83.9% | +0.0% | +605.7% | +0.0% | +4.7% | +0.0% | -5.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +25.9% | +25.9% | -16.7% | -16.7% | -87.2% | -87.2% | -3.2% | -3.2% | +10.3% | +10.3% | +12.8% | +12.8% |
Range$14.30M – $111.90M
CAGR+6.0%
Avg YoY Growth-9.7%
Median YoY Growth+3.5%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — operating expenses?
- New Residential Investment Corp. (NRZ) reported msr related investments — operating expenses of $100.18M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — operating expenses changed year-over-year?
- New Residential Investment Corp.'s msr related investments — operating expenses increased by 12.8% year-over-year, from $88.85M to $100.18M.
- What does msr related investments — operating expenses mean?
- Total costs required to run the mortgage servicing and investment business.