Discontinued — last reported Q3 '23
Business Segments · Residential mortgage loan UPB and other collateral
Servicing — Residential mortgage loan UPB and other collateral
New Residential Investment Corp. Servicing — Residential mortgage loan UPB and other collateral remained flat by 0.0% to $455.24M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $401.83M to $455.24M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
How to read this metric
Growth in UPB indicates a larger servicing footprint and potential for increased future revenue.
Detailed definition
Represents the total Unpaid Principal Balance (UPB) of the residential mortgage loans for which the company provides ser...
Peer comparison
The standard measure of size for any mortgage servicing organization.
Metric ID:
ritm_segment_servicing_residential_mortgage_loan_upb_and_other_collateralHistorical Data
16 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $221.75M | $221.75M | $385.17M | $385.17M | $398.73M | $398.73M | $399.90M | $399.90M | $401.83M | $401.83M | $401.41M | $401.41M | $401.63M | $401.63M | $455.24M | $455.24M |
| QoQ Change | — | +0.0% | +73.7% | +0.0% | +3.5% | +0.0% | +0.3% | +0.0% | +0.5% | +0.0% | -0.1% | +0.0% | +0.1% | +0.0% | +13.3% | +0.0% |
| YoY Change | — | — | — | — | — | — | +80.3% | +80.3% | +4.3% | +4.3% | +0.7% | +0.7% | +0.4% | +0.4% | +13.3% | +13.3% |
Range$221.75M – $455.24M
CAGR+21.1%
Avg YoY Growth+19.8%
Median YoY Growth+4.3%
Current Streak5 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — residential mortgage loan upb and other collateral?
- New Residential Investment Corp. (NRZ) reported servicing — residential mortgage loan upb and other collateral of $455.24M in Q3 2023.
- How has New Residential Investment Corp.'s servicing — residential mortgage loan upb and other collateral changed year-over-year?
- New Residential Investment Corp.'s servicing — residential mortgage loan upb and other collateral increased by 13.3% year-over-year, from $401.83M to $455.24M.
- What does servicing — residential mortgage loan upb and other collateral mean?
- The total outstanding principal amount of all mortgage loans currently being serviced by the company.