Discontinued — last reported Q2 '21
Origination — Compensation and benefits
New Residential Investment Corp. Origination — Compensation and benefits remained flat by 0.0% to $133.30M in Q2 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to loan volume may indicate declining operational efficiency or higher commission payouts, while a decrease may suggest cost-cutting measures or reduced production capacity.
Detailed definition
This metric represents the total personnel-related expenses incurred by the mortgage origination segment, including sala...
Peer comparison
Peers in the mortgage banking industry typically report this as a component of non-interest expense, often benchmarked as a percentage of total loan originations or as a cost-per-loan metric.
ritm_segment_origination_compensation_and_benefitsHistorical Data
| Q2 '21 | Q2 '21 | |
|---|---|---|
| Value | $133.30M | $133.30M |
| QoQ Change | — | +0.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — compensation and benefits?
- New Residential Investment Corp. (NRZ) reported origination — compensation and benefits of $133.30M in Q2 2021.
- What does origination — compensation and benefits mean?
- The total cost of salaries, commissions, and benefits for employees working in the mortgage origination division.