Discontinued — last reported Q3 '23
Business Segments · Restricted Cash
Origination — Restricted Cash
New Residential Investment Corp. Origination — Restricted Cash remained flat by 0.0% to $25.97M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 92.6%, from $350.50M to $25.97M.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2023Nov 1, 2023
Rolls up toRestricted Cash
How to read this metric
An increase may indicate higher funding requirements or stricter collateral demands from lenders, while a decrease may signal improved liquidity or reduced warehouse facility usage.
Detailed definition
This represents cash balances within the origination business segment that are subject to contractual or regulatory rest...
Peer comparison
Common in mortgage banking and financial services firms that utilize warehouse lines of credit.
Metric ID:
ritm_segment_origination_restricted_cashHistorical Data
18 periods
| 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 | $35.28M | $35.28M | $32.80M | $32.80M | $47.17M | $47.17M | $252.89M | $252.89M | $350.50M | $350.50M | $24.32M | $24.32M | $96.82M | $96.82M | $41.62M | $41.62M | $25.97M | $25.97M |
| QoQ Change | — | +0.0% | -7.0% | +0.0% | +43.8% | +0.0% | +436.2% | +0.0% | +38.6% | +0.0% | -93.1% | +0.0% | +298.2% | +0.0% | -57.0% | +0.0% | -37.6% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +893.4% | +893.4% | -25.9% | -25.9% | +105.3% | +105.3% | -83.5% | -83.5% | -92.6% | -92.6% |
Range$24.32M – $350.50M
CAGR-7.0%
Avg YoY Growth+159.3%
Median YoY Growth-25.9%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — restricted cash?
- New Residential Investment Corp. (NRZ) reported origination — restricted cash of $25.97M in Q3 2023.
- How has New Residential Investment Corp.'s origination — restricted cash changed year-over-year?
- New Residential Investment Corp.'s origination — restricted cash decreased by 92.6% year-over-year, from $350.50M to $25.97M.
- What does origination — restricted cash mean?
- Cash within the origination segment that cannot be used for general operations due to specific legal or contractual requirements.