Discontinued — last reported Q1 '22
Business Segments · Interest Expense
Servicing and Origination — Interest Expense
New Residential Investment Corp. Servicing and Origination — Interest Expense remained flat by 0.0% to $89.51M in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2017
Last reportedQ1 2022May 6, 2022
Rolls up toInterest Expense
How to read this metric
An increase may signal higher leverage or rising interest rates, while a decrease suggests lower borrowing costs or reduced debt levels.
Detailed definition
The interest costs incurred on debt facilities used to finance mortgage servicing rights and loan origination pipelines....
Peer comparison
Standard interest expense metric for leveraged financial services segments.
Metric ID:
ritm_segment_servicing_and_origination_interest_expenseHistorical Data
8 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | |
|---|---|---|---|---|---|---|---|---|
| Value | $63.56M | $63.56M | $88.47M | $88.47M | $101.92M | $101.92M | $89.51M | $89.51M |
| QoQ Change | — | +0.0% | +39.2% | +0.0% | +15.2% | +0.0% | -12.2% | +0.0% |
Range$63.56M – $101.92M
CAGR+21.6%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing and origination — interest expense?
- New Residential Investment Corp. (NRZ) reported servicing and origination — interest expense of $89.51M in Q1 2022.
- What does servicing and origination — interest expense mean?
- The cost of interest paid on debt used to fund mortgage servicing and origination operations.