Discontinued — last reported Q3 '23
Business Segments · Other income (loss), net
Origination — Other income (loss), net
New Residential Investment Corp. Origination — Other income (loss), net decreased by 71.0% to $74K in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 94.6%, from $1.37M to $74K. 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 toOther income (loss), net
How to read this metric
An increase indicates higher non-core revenue or gains, while a decrease suggests losses or reduced ancillary income.
Detailed definition
Represents the net total of miscellaneous income and expense items generated by the mortgage origination segment that ar...
Peer comparison
Commonly reported as 'Other Revenue' or 'Ancillary Income' in mortgage banking segments of financial institutions.
Metric ID:
ritm_segment_origination_other_income_loss_netHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $138K | $368K | $1.78M | $2.1M | $1.83M | $1.37M | $961K | -$590K | $255K | $74K |
| QoQ Change | — | +166.7% | +384.0% | +17.6% | -12.6% | -25.3% | -29.8% | -161.4% | +143.2% | -71.0% |
| YoY Change | — | — | — | — | >999% | +271.7% | -46.0% | -128.2% | -86.1% | -94.6% |
Range-$590K – $2.1M
CAGR-24.2%
Avg YoY Growth+190.7%
Median YoY Growth-66.1%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — other income (loss), net?
- New Residential Investment Corp. (NRZ) reported origination — other income (loss), net of $74K in Q3 2023.
- How has New Residential Investment Corp.'s origination — other income (loss), net changed year-over-year?
- New Residential Investment Corp.'s origination — other income (loss), net decreased by 94.6% year-over-year, from $1.37M to $74K.
- What does origination — other income (loss), net mean?
- Net miscellaneous income or losses from secondary activities within the mortgage origination business.