Discontinued — last reported Q3 '23
Business Segments · Revenue
Origination — Revenue
New Residential Investment Corp. Origination — Revenue remained flat by 0.0% to $155.98M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 39.2%, from $256.57M to $155.98M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Revenue
How to read this metric
Growth in revenue generally indicates increased market share or higher origination volumes, while declining revenue suggests market contraction or loss of competitiveness.
Detailed definition
This metric represents the total top-line revenue generated by the origination segment, encompassing all fee income, int...
Peer comparison
Standard top-line revenue metric for business segments in financial services.
Metric ID:
ritm_segment_origination_revenuesHistorical 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 | $294.72M | $294.72M | $559.14M | $559.14M | $635.30M | $635.30M | $462.64M | $462.64M | $348.83M | $348.83M | $256.57M | $256.57M | $145.86M | $145.86M | $138.36M | $138.36M | $160.68M | $160.68M | $155.98M | $155.98M |
| QoQ Change | — | +0.0% | +89.7% | +0.0% | +13.6% | +0.0% | -27.2% | +0.0% | -24.6% | +0.0% | -26.4% | +0.0% | -43.2% | +0.0% | -5.1% | +0.0% | +16.1% | +0.0% | -2.9% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +18.4% | +18.4% | -54.1% | -54.1% | -77.0% | -77.0% | -70.1% | -70.1% | -53.9% | -53.9% | -39.2% | -39.2% |
Range$138.36M – $635.30M
CAGR-12.5%
Avg YoY Growth-46.0%
Median YoY Growth-54.0%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination — revenue?
- New Residential Investment Corp. (NRZ) reported origination — revenue of $155.98M in Q3 2023.
- How has New Residential Investment Corp.'s origination — revenue changed year-over-year?
- New Residential Investment Corp.'s origination — revenue decreased by 39.2% year-over-year, from $256.57M to $155.98M.
- What does origination — revenue mean?
- The total revenue generated by the mortgage origination business segment.