Discontinued — last reported Q1 '26
Origination and servicing — Interest Expense
New Residential Investment Corp. Origination and servicing — Interest Expense decreased by 15.1% to $215.8M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.3%, from $292.95M to $215.8M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in interest expense typically signals higher borrowing costs or increased leverage used to fund the segment's activities, which can compress net interest margins. Conversely, a decrease may indicate lower debt levels or a more favorable interest rate environment for the company's financing arrangements.
Detailed definition
This metric represents the total interest costs incurred by the origination and servicing business segment to finance it...
Peer comparison
Comparable to interest expense reported by other mortgage banking and servicing firms, though variations exist based on the specific mix of warehouse financing, corporate debt, and securitization structures used by peers.
ritm_segment_origination_and_servicing_interest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $63.56M | $88.47M | $89.51M | $94.46M | $114.03M | $27.06M | $111.07M | $110.22M | $114.57M | $124.92M | $288.86M | $344.73M | $370.64M | $292.95M | $283.62M | $254.25M | $215.8M |
| QoQ Change | — | +39.2% | +1.2% | +5.5% | +20.7% | -76.3% | +310.5% | -0.8% | +3.9% | +9.0% | +131.2% | +19.3% | +7.5% | -21.0% | -3.2% | -10.4% | -15.1% |
| YoY Change | — | — | — | +48.6% | +28.9% | — | +24.1% | +16.7% | +0.5% | +361.6% | +160.1% | +212.8% | +223.5% | +1.4% | -17.7% | -31.4% | -26.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — interest expense?
- New Residential Investment Corp. (NRZ) reported origination and servicing — interest expense of $215.8M in Q1 2026.
- How has New Residential Investment Corp.'s origination and servicing — interest expense changed year-over-year?
- New Residential Investment Corp.'s origination and servicing — interest expense decreased by 26.3% year-over-year, from $292.95M to $215.8M.
- What does origination and servicing — interest expense mean?
- The total interest costs paid by the origination and servicing segment to finance its business operations and mortgage assets.