Discontinued — last reported Q3 '24
Business Segments · Total Revenues
Origination and Servicing — Total Revenues
New Residential Investment Corp. Origination and Servicing — Total Revenues remained flat by 0.0% to $142.29M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 81.5%, from $769.23M to $142.29M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024Nov 5, 2024
Rolls up toTotal Revenue
How to read this metric
Higher revenues generally indicate increased market share, higher loan volume, or improved pricing power.
Detailed definition
This is the gross inflow of economic benefits arising from the origination and servicing of mortgage loans, including in...
Peer comparison
Standard top-line metric for financial services and mortgage banking segments.
Metric ID:
ritm_segment_origination_and_servicing_total_revenuesHistorical Data
12 periods
| Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $529.89M | $529.89M | $679.18M | $679.18M | $769.23M | $769.23M | $776.73M | $776.73M | $648.83M | $648.83M | $142.29M | $142.29M |
| QoQ Change | — | +0.0% | +28.2% | +0.0% | +13.3% | +0.0% | +1.0% | +0.0% | -16.5% | +0.0% | -78.1% | +0.0% |
| YoY Change | — | — | — | — | — | — | +46.6% | +46.6% | -4.5% | -4.5% | -81.5% | -81.5% |
Range$142.29M – $776.73M
CAGR-38.0%
Avg YoY Growth-13.1%
Median YoY Growth-4.5%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — total revenues?
- New Residential Investment Corp. (NRZ) reported origination and servicing — total revenues of $142.29M in Q3 2024.
- How has New Residential Investment Corp.'s origination and servicing — total revenues changed year-over-year?
- New Residential Investment Corp.'s origination and servicing — total revenues decreased by 81.5% year-over-year, from $769.23M to $142.29M.
- What does origination and servicing — total revenues mean?
- The total money earned by the segment from its core business activities.