Discontinued — last reported Q1 '22

Business Segments · Net income (loss)

Servicing and Origination — Net income (loss)

New Residential Investment Corp. Servicing and Origination — Net income (loss) remained flat by 0.0% to $735.46M in Q1 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ3 2017
Last reportedQ1 2022May 6, 2022
Rolls up toNet Income

How to read this metric

Positive and growing net income indicates a healthy, profitable segment that adds value to the parent company.

Detailed definition

The final bottom-line profit or loss for the servicing and origination segment after all expenses, taxes, and noncontrol...

Peer comparison

Standard net income metric for business segments.

Metric ID: ritm_segment_servicing_and_origination_net_income_loss

Historical Data

8 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22
Value-$185.67M-$185.67M$197.22M$197.22M$179.02M$179.02M$735.46M$735.46M
QoQ Change+0.0%+206.2%+0.0%-9.2%+0.0%+310.8%+0.0%
Range-$185.67M$735.46M
CAGR+119.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing and origination — net income (loss)?
New Residential Investment Corp. (NRZ) reported servicing and origination — net income (loss) of $735.46M in Q1 2022.
What does servicing and origination — net income (loss) mean?
The final net profit or loss generated by the servicing and origination segment.