Discontinued — last reported Q3 '23

Business Segments · Other income (loss), net

Servicing — Other income (loss), net

New Residential Investment Corp. Servicing — Other income (loss), net remained flat by 0.0% to -$700.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 82.8%, from -$4.07M to -$700.00K. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023

How to read this metric

An increase indicates higher ancillary revenue or favorable adjustments, while a decrease suggests higher miscellaneous costs or lower secondary fee income.

Detailed definition

Represents the net amount of miscellaneous income or expenses generated by the servicing segment that are not classified...

Peer comparison

Peers typically report this as 'Other Servicing Revenue' or 'Ancillary Fee Income'.

Metric ID: ritm_segment_servicing_other_income_loss_net

Historical Data

16 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$0.00$0.00-$11.00K-$11.00K$943.00K$943.00K$5.19M$5.19M-$4.07M-$4.07M-$12.84M-$12.84M-$5.43M-$5.43M-$700.00K-$700.00K
QoQ Change+0.0%>999%+0.0%+450.6%+0.0%-178.5%+0.0%-215.1%+0.0%+57.7%+0.0%+87.1%+0.0%
YoY Change<-999%<-999%<-999%<-999%-204.7%-204.7%+82.8%+82.8%
Range-$12.84M$5.19M
Avg YoY Growth<-999%
Median YoY Growth-833.0%
Current Streak5 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing — other income (loss), net?
New Residential Investment Corp. (NRZ) reported servicing — other income (loss), net of -$700.00K in Q3 2023.
How has New Residential Investment Corp.'s servicing — other income (loss), net changed year-over-year?
New Residential Investment Corp.'s servicing — other income (loss), net increased by 82.8% year-over-year, from -$4.07M to -$700.00K.
What does servicing — other income (loss), net mean?
Net miscellaneous income or expenses from mortgage servicing activities.