Discontinued — last reported Q3 '23
Business Segments · Interest Income
Origination and Servicing — Interest Income
New Residential Investment Corp. Origination and Servicing — Interest Income remained flat by 0.0% to $191.95M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 69.7%, from $113.11M to $191.95M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Interest Income
How to read this metric
An increase suggests higher interest-earning asset balances or improved yields on financing activities.
Detailed definition
This represents the interest earned on mortgage-related assets, including warehouse lines, MSR financing, and other inte...
Peer comparison
Standard interest income metric for mortgage banking and finance segments.
Metric ID:
ritm_segment_origination_and_servicing_interest_incomeHistorical Data
16 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $45.58M | $45.58M | $63.51M | $63.51M | $82.43M | $82.43M | $74.31M | $74.31M | $113.11M | $113.11M | $134.33M | $134.33M | $164.86M | $164.86M | $191.95M | $191.95M |
| QoQ Change | — | +0.0% | +39.3% | +0.0% | +29.8% | +0.0% | -9.8% | +0.0% | +52.2% | +0.0% | +18.8% | +0.0% | +22.7% | +0.0% | +16.4% | +0.0% |
| YoY Change | — | — | — | — | — | — | +63.0% | +63.0% | +78.1% | +78.1% | +63.0% | +63.0% | +121.8% | +121.8% | +69.7% | +69.7% |
Range$45.58M – $191.95M
CAGR+46.7%
Avg YoY Growth+79.1%
Median YoY Growth+69.7%
Current Streak9 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — interest income?
- New Residential Investment Corp. (NRZ) reported origination and servicing — interest income of $191.95M in Q3 2023.
- How has New Residential Investment Corp.'s origination and servicing — interest income changed year-over-year?
- New Residential Investment Corp.'s origination and servicing — interest income increased by 69.7% year-over-year, from $113.11M to $191.95M.
- What does origination and servicing — interest income mean?
- Interest revenue generated from mortgage-related lending and financing activities.