Discontinued — last reported Q3 '23
Business Segments · Other income (loss), net
MSR Related Investments — Other income (loss), net
New Residential Investment Corp. MSR Related Investments — Other income (loss), net increased by 8.7% to $37.41M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 659.9%, from $4.92M to $37.41M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toOther income (loss), net
How to read this metric
An increase indicates positive performance from ancillary activities, while a decrease suggests losses from non-core items or hedging inefficiencies.
Detailed definition
Represents the net miscellaneous income or loss generated by the Mortgage Servicing Rights (MSR) related investment segm...
Peer comparison
Similar to 'Other Income' or 'Non-Interest Income' in other mortgage REITs or financial services firms.
Metric ID:
ritm_segment_msr_related_investments_other_income_loss_netHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.66M | $41.85M | $22.46M | $28.88M | $11.3M | $4.92M | $0 | $35.92M | $34.43M | $37.41M |
| QoQ Change | — | +446.3% | -46.3% | +28.6% | -60.9% | -56.4% | -100.0% | — | -4.2% | +8.7% |
| YoY Change | — | — | — | — | +47.5% | -88.2% | -100.0% | +24.4% | +204.8% | +659.9% |
Range$0 – $41.85M
CAGR+102.4%
Avg YoY Growth+124.7%
Median YoY Growth+35.9%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — other income (loss), net?
- New Residential Investment Corp. (NRZ) reported msr related investments — other income (loss), net of $37.41M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — other income (loss), net changed year-over-year?
- New Residential Investment Corp.'s msr related investments — other income (loss), net increased by 659.9% year-over-year, from $4.92M to $37.41M.
- What does msr related investments — other income (loss), net mean?
- Net miscellaneous income or loss from secondary activities within the Mortgage Servicing Rights investment segment.