Discontinued — last reported Q3 '23
New Residential Investment Corp. Servicing — Restricted Cash remained flat by 0.0% to $139.83M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 89.8%, from $73.68M to $139.83M.
An increase may indicate higher escrow requirements or regulatory compliance obligations, while a decrease may signal improved cash availability.
This represents cash balances within the servicing segment that are subject to contractual or regulatory restrictions, p...
Similar to restricted cash or escrow deposits reported by other mortgage servicing entities.
ritm_segment_servicing_restricted_cash| 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 | $87.97M | $87.97M | $95.79M | $95.79M | $68.09M | $68.09M | $75.72M | $75.72M | $73.68M | $73.68M | $136.93M | $136.93M | $145.27M | $145.27M | $125.71M | $125.71M | $139.83M | $139.83M |
| QoQ Change | — | +0.0% | +8.9% | +0.0% | -28.9% | +0.0% | +11.2% | +0.0% | -2.7% | +0.0% | +85.9% | +0.0% | +6.1% | +0.0% | -13.5% | +0.0% | +11.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | -16.2% | -16.2% | +43.0% | +43.0% | +113.3% | +113.3% | +66.0% | +66.0% | +89.8% | +89.8% |