Discontinued — last reported Q3 '23

Business Segments · Investments

Servicing — Investments

New Residential Investment Corp. Servicing — Investments remained flat by 0.0% to $7.82B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $7.36B to $7.82B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2023Nov 1, 2023

How to read this metric

An increase suggests capital deployment for growth, while a decrease may indicate asset liquidation or portfolio reduction.

Detailed definition

The total book value of assets held by the servicing segment for investment purposes, such as mortgage servicing rights...

Peer comparison

Comparable to 'Investment Portfolio' or 'MSR Asset Value' in mortgage servicing peers.

Metric ID: ritm_segment_servicing_investments

Historical Data

18 periods
 Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$4.85B$4.85B$5.44B$5.44B$6.67B$6.67B$7.16B$7.16B$7.36B$7.36B$7.30B$7.30B$7.27B$7.27B$7.01B$7.01B$7.82B$7.82B
QoQ Change+0.0%+12.2%+0.0%+22.5%+0.0%+7.4%+0.0%+2.8%+0.0%-0.7%+0.0%-0.4%+0.0%-3.6%+0.0%+11.5%+0.0%
YoY Change+51.7%+51.7%+34.3%+34.3%+9.1%+9.1%-2.0%-2.0%+6.3%+6.3%
Range$4.85B$7.82B
CAGR+11.9%
Avg YoY Growth+19.9%
Median YoY Growth+9.1%
Current Streak3 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing — investments?
New Residential Investment Corp. (NRZ) reported servicing — investments of $7.82B in Q3 2023.
How has New Residential Investment Corp.'s servicing — investments changed year-over-year?
New Residential Investment Corp.'s servicing — investments increased by 6.3% year-over-year, from $7.36B to $7.82B.
What does servicing — investments mean?
The value of assets held for investment within the servicing segment.