Discontinued — last reported Q1 '22

Business Segments · Operating Expenses

Servicing and Origination — Operating Expenses

New Residential Investment Corp. Servicing and Origination — Operating Expenses remained flat by 0.0% to $679.05M 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
VolatilityStable
First reportedQ3 2017
Last reportedQ1 2022May 6, 2022

How to read this metric

Rising expenses relative to revenue may indicate declining operational efficiency, while stable or falling expenses suggest effective cost management.

Detailed definition

The total costs associated with running the servicing and origination business, including personnel, technology, and adm...

Peer comparison

Standard operating expense metric for business segments.

Metric ID: ritm_segment_servicing_and_origination_operating_expenses

Historical Data

8 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22
Value$401.20M$401.20M$623.20M$623.20M$721.01M$721.01M$679.05M$679.05M
QoQ Change+0.0%+55.3%+0.0%+15.7%+0.0%-5.8%+0.0%
Range$401.20M$721.01M
CAGR+35.1%

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing and origination — operating expenses?
New Residential Investment Corp. (NRZ) reported servicing and origination — operating expenses of $679.05M in Q1 2022.
What does servicing and origination — operating expenses mean?
Total costs incurred to operate the mortgage servicing and origination business.