Discontinued — last reported Q3 '23
New Residential Investment Corp. MSR Related Investments — Restricted Cash remained flat by 0.0% to $119.15M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 109.1%, from $56.97M to $119.15M.
An increase may indicate higher collateral requirements or increased servicing obligations, while a decrease suggests improved liquidity or reduced financing constraints.
This represents cash balances held within the Mortgage Servicing Rights (MSR) segment that are subject to contractual or...
Similar to restricted cash accounts in other mortgage REITs or financial institutions with servicing operations.
ritm_segment_msr_related_investments_restricted_cash| 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 | $29.53M | $29.53M | $27.18M | $27.18M | $62.22M | $62.22M | $55.99M | $55.99M | $56.97M | $56.97M | $69.35M | $69.35M | $72.19M | $72.19M | $71.07M | $71.07M | $119.15M | $119.15M |
| QoQ Change | — | +0.0% | -7.9% | +0.0% | +128.9% | +0.0% | -10.0% | +0.0% | +1.8% | +0.0% | +21.7% | +0.0% | +4.1% | +0.0% | -1.6% | +0.0% | +67.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +93.0% | +93.0% | +155.1% | +155.1% | +16.0% | +16.0% | +26.9% | +26.9% | +109.1% | +109.1% |