Discontinued — last reported Q1 '22
Business Segments · Impairment
Residential Securities, Properties and Loans — Impairment
New Residential Investment Corp. Residential Securities, Properties and Loans — Impairment remained flat by 0.0% to $3.03M in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ1 2022May 6, 2022
Rolls up toImpairment
How to read this metric
An increase in impairment signals deteriorating asset quality or negative market trends, while a decrease suggests portfolio stability.
Detailed definition
This metric quantifies the reduction in the carrying value of residential securities, properties, and loans when their f...
Peer comparison
Comparable to 'Provision for Loan Losses' or 'Asset Impairment Charges' reported by financial institutions and mortgage lenders.
Metric ID:
ritm_segment_residential_securities_properties_and_loans_impairmentHistorical Data
6 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q1 '22 | Q1 '22 | |
|---|---|---|---|---|---|---|
| Value | -$32.65M | -$32.65M | $8.75M | $8.75M | $3.03M | $3.03M |
| QoQ Change | — | +0.0% | +126.8% | +0.0% | -65.4% | +0.0% |
Range-$32.65M – $8.75M
CAGR-85.1%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s residential securities, properties and loans — impairment?
- New Residential Investment Corp. (NRZ) reported residential securities, properties and loans — impairment of $3.03M in Q1 2022.
- What does residential securities, properties and loans — impairment mean?
- The amount of value lost on residential assets due to credit issues or market declines that must be written off.