Discontinued — last reported Q3 '23
Business Segments · Interest Income
Origination — Interest Income
New Residential Investment Corp. Origination — Interest Income remained flat by 0.0% to $29.14M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 30.4%, from $41.86M to $29.14M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Interest Income
How to read this metric
An increase suggests higher loan volumes or improved yields on assets, while a decrease may signal reduced lending activity or lower interest rate environments.
Detailed definition
This metric represents the interest income earned from the origination segment's financial assets, including mortgage lo...
Peer comparison
Standard interest income metric for mortgage banking and lending segments.
Metric ID:
ritm_segment_origination_interest_incomeHistorical Data
20 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.26M | $31.26M | $54.85M | $54.85M | $79.09M | $79.09M | $55.37M | $55.37M | $46.22M | $46.22M | $41.86M | $41.86M | $30.50M | $30.50M | $25.53M | $25.53M | $26.55M | $26.55M | $29.14M | $29.14M |
| QoQ Change | — | +0.0% | +75.5% | +0.0% | +44.2% | +0.0% | -30.0% | +0.0% | -16.5% | +0.0% | -9.4% | +0.0% | -27.1% | +0.0% | -16.3% | +0.0% | +4.0% | +0.0% | +9.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +47.8% | +47.8% | -23.7% | -23.7% | -61.4% | -61.4% | -53.9% | -53.9% | -42.5% | -42.5% | -30.4% | -30.4% |
Range$25.53M – $79.09M
CAGR-1.5%
Avg YoY Growth-27.4%
Median YoY Growth-36.5%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — interest income?
- New Residential Investment Corp. (NRZ) reported origination — interest income of $29.14M in Q3 2023.
- How has New Residential Investment Corp.'s origination — interest income changed year-over-year?
- New Residential Investment Corp.'s origination — interest income decreased by 30.4% year-over-year, from $41.86M to $29.14M.
- What does origination — interest income mean?
- Interest earned from mortgage loans and other interest-bearing assets within the origination business.