Discontinued — last reported Q3 '23
Business Segments · Debt
Servicing — Debt
New Residential Investment Corp. Servicing — Debt remained flat by 0.0% to $4.50B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 0.3%, from $4.48B to $4.50B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2023Nov 1, 2023
Rolls up toLong-Term Debt
How to read this metric
Higher debt levels increase financial leverage and interest expense, potentially impacting segment profitability.
Detailed definition
This reflects the total financial obligations and borrowings specifically allocated to the servicing segment to fund its...
Peer comparison
Similar to segment-level debt or financing liabilities seen in peer mortgage servicing organizations.
Metric ID:
ritm_segment_servicing_debtHistorical Data
18 periods
| Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.20B | $3.20B | $4.13B | $4.13B | $4.62B | $4.62B | $4.65B | $4.65B | $4.48B | $4.48B | $4.75B | $4.75B | $4.82B | $4.82B | $4.26B | $4.26B | $4.50B | $4.50B |
| QoQ Change | — | +0.0% | +29.0% | +0.0% | +11.9% | +0.0% | +0.6% | +0.0% | -3.6% | +0.0% | +6.0% | +0.0% | +1.5% | +0.0% | -11.7% | +0.0% | +5.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +40.1% | +40.1% | +15.0% | +15.0% | +4.3% | +4.3% | -8.5% | -8.5% | +0.3% | +0.3% |
Range$3.20B – $4.82B
CAGR+8.3%
Avg YoY Growth+10.2%
Median YoY Growth+4.3%
Current Streak3 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — debt?
- New Residential Investment Corp. (NRZ) reported servicing — debt of $4.50B in Q3 2023.
- How has New Residential Investment Corp.'s servicing — debt changed year-over-year?
- New Residential Investment Corp.'s servicing — debt increased by 0.3% year-over-year, from $4.48B to $4.50B.
- What does servicing — debt mean?
- The total debt obligations specifically attributed to the servicing business segment.