Discontinued — last reported Q1 '22

Business Segments · Servicing revenue, net

Origination — Servicing revenue, net

New Residential Investment Corp. Origination — Servicing revenue, net remained flat by 0.0% to -$653.00K in Q1 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2022May 6, 2022
Rolls up toContractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset, Net Of Change In Fair Value

How to read this metric

Higher revenue indicates a larger or more efficient servicing portfolio, contributing to stable cash flows.

Detailed definition

This metric tracks the net revenue generated by the origination segment from servicing mortgage loans, after accounting...

Peer comparison

Common in mortgage banking and REITs with servicing operations.

Metric ID: ritm_segment_origination_servicing_revenue_net

Historical Data

4 periods
 Q3 '21Q3 '21Q1 '22Q1 '22
Value-$6.45M-$6.45M-$653.00K-$653.00K
QoQ Change—+0.0%+89.9%+0.0%
Range-$6.45M – -$653.00K
Current Streak3+ quarters growth

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Frequently Asked Questions

What is New Residential Investment Corp.'s origination — servicing revenue, net?
New Residential Investment Corp. (NRZ) reported origination — servicing revenue, net of -$653.00K in Q1 2022.
What does origination — servicing revenue, net mean?
Net income earned from the ongoing management and servicing of mortgage loans.