Discontinued — last reported Q3 '23
Business Segments · Revenue
Origination and Servicing — Revenue
New Residential Investment Corp. Origination and Servicing — Revenue remained flat by 0.0% to $799.66M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $767.78M to $799.66M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Revenue
How to read this metric
Growth in revenue generally signals increased market share or higher transaction volumes.
Detailed definition
This represents the total gross income generated by the origination and servicing segment, encompassing servicing fees,...
Peer comparison
Standard top-line segment reporting metric across the financial services industry.
Metric ID:
ritm_segment_origination_and_servicing_revenuesHistorical 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 | $257.47M | $257.47M | $801.25M | $801.25M | $1.59B | $1.59B | $1.20B | $1.20B | $767.78M | $767.78M | $570.08M | $570.08M | $796.77M | $796.77M | $799.66M | $799.66M |
| QoQ Change | — | +0.0% | +211.2% | +0.0% | +97.9% | +0.0% | -24.5% | +0.0% | -35.9% | +0.0% | -25.7% | +0.0% | +39.8% | +0.0% | +0.4% | +0.0% |
| YoY Change | — | — | — | — | — | — | +364.9% | +364.9% | -4.2% | -4.2% | -64.0% | -64.0% | -33.4% | -33.4% | +4.2% | +4.2% |
Range$257.47M – $1.59B
CAGR+35.3%
Avg YoY Growth+53.5%
Median YoY Growth-4.2%
Current Streak5 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — revenue?
- New Residential Investment Corp. (NRZ) reported origination and servicing — revenue of $799.66M in Q3 2023.
- How has New Residential Investment Corp.'s origination and servicing — revenue changed year-over-year?
- New Residential Investment Corp.'s origination and servicing — revenue increased by 4.2% year-over-year, from $767.78M to $799.66M.
- What does origination and servicing — revenue mean?
- Total gross income generated by the mortgage origination and servicing business unit.