Discontinued — last reported Q2 '18
Business Segments · Operating Expenses
Servicer Advances — Operating Expenses
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2015
Last reportedQ2 2018Jul 30, 2018
Rolls up toTotal Operating Expenses
How to read this metric
An increase may indicate rising operational complexity or higher costs of capital to fund advances, while a decrease suggests improved operational efficiency.
Detailed definition
Represents the direct costs and overhead associated with managing and funding servicer advances within the mortgage serv...
Peer comparison
Peers in the mortgage servicing sector typically report these as part of servicing-related operating expenses, often benchmarked against the size of the servicing portfolio.
Metric ID:
ritm_segment_servicer_advances_operating_expensesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does servicer advances — operating expenses mean?
- The operational costs incurred to manage and fund required advances on mortgage loans.