Discontinued — last reported Q3 '23
Business Segments · Net income (loss)
Origination — Net income (loss)
New Residential Investment Corp. Origination — Net income (loss) remained flat by 0.0% to -$9.35M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 78.2%, from -$42.97M to -$9.35M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toNet Income
How to read this metric
An increase indicates improved operational efficiency or higher loan volume, while a decrease suggests margin compression or reduced origination activity.
Detailed definition
This metric represents the total net profit or loss generated specifically by the mortgage origination business segment....
Peer comparison
Comparable to net income reported by mortgage banking segments of diversified financial institutions or independent mortgage banks.
Metric ID:
ritm_segment_origination_net_income_lossHistorical 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 | $56.32M | $56.32M | $145.21M | $145.21M | $73.94M | $73.94M | $19.37M | $19.37M | -$19.83M | -$19.83M | -$42.97M | -$42.97M | -$48.66M | -$48.66M | -$24.41M | -$24.41M | -$8.13M | -$8.13M | -$9.35M | -$9.35M |
| QoQ Change | — | +0.0% | +157.8% | +0.0% | -49.1% | +0.0% | -73.8% | +0.0% | -202.4% | +0.0% | -116.7% | +0.0% | -13.2% | +0.0% | +49.8% | +0.0% | +66.7% | +0.0% | -15.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -135.2% | -135.2% | -129.6% | -129.6% | -165.8% | -165.8% | -226.0% | -226.0% | +59.0% | +59.0% | +78.2% | +78.2% |
Range-$48.66M – $145.21M
CAGR-31.5%
Avg YoY Growth-86.6%
Median YoY Growth-132.4%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — net income (loss)?
- New Residential Investment Corp. (NRZ) reported origination — net income (loss) of -$9.35M in Q3 2023.
- How has New Residential Investment Corp.'s origination — net income (loss) changed year-over-year?
- New Residential Investment Corp.'s origination — net income (loss) increased by 78.2% year-over-year, from -$42.97M to -$9.35M.
- What does origination — net income (loss) mean?
- The total profit or loss generated by the mortgage origination business unit.