Discontinued — last reported Q1 '22
Business Segments · Servicing revenue, net
Origination and Servicing — Servicing revenue, net
New Residential Investment Corp. Origination and Servicing — Servicing revenue, net remained flat by 0.0% to $1.03B in Q1 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2022May 6, 2022
How to read this metric
An increase indicates growth in the servicing portfolio or improved operational efficiency, while a decrease suggests portfolio runoff or rising servicing costs.
Detailed definition
Represents the net income generated from the administration of mortgage loans, including contractual servicing fees, anc...
Peer comparison
Standard metric for mortgage servicing companies, often compared against the total unpaid principal balance of the servicing portfolio.
Metric ID:
ritm_segment_origination_and_servicing_servicing_revenue_netHistorical Data
8 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$138.95M | -$138.95M | $203.02M | $203.02M | $237.10M | $237.10M | $1.03B | $1.03B |
| QoQ Change | — | +0.0% | +246.1% | +0.0% | +16.8% | +0.0% | +335.2% | +0.0% |
Range-$138.95M – $1.03B
CAGR+214.5%
Current Streak7+ quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — servicing revenue, net?
- New Residential Investment Corp. (NRZ) reported origination and servicing — servicing revenue, net of $1.03B in Q1 2022.
- What does origination and servicing — servicing revenue, net mean?
- The net income earned from managing and servicing mortgage loans for investors.