Discontinued — last reported Q3 '23

Business Segments · Restricted Cash

Servicing — Restricted Cash

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.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2023Nov 1, 2023
Rolls up toRestricted Cash

How to read this metric

An increase may indicate higher escrow requirements or regulatory compliance obligations, while a decrease may signal improved cash availability.

Detailed definition

This represents cash balances within the servicing segment that are subject to contractual or regulatory restrictions, p...

Peer comparison

Similar to restricted cash or escrow deposits reported by other mortgage servicing entities.

Metric ID: ritm_segment_servicing_restricted_cash

Historical Data

18 periods
 Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '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%
Range$68.09M$145.27M
CAGR+11.5%
Avg YoY Growth+59.2%
Median YoY Growth+66.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing — restricted cash?
New Residential Investment Corp. (NRZ) reported servicing — restricted cash of $139.83M in Q3 2023.
How has New Residential Investment Corp.'s servicing — restricted cash changed year-over-year?
New Residential Investment Corp.'s servicing — restricted cash increased by 89.8% year-over-year, from $73.68M to $139.83M.
What does servicing — restricted cash mean?
Cash held in the servicing segment that is legally restricted for specific uses rather than general operations.