Discontinued — last reported Q3 '23
Business Segments · Revenue
Servicing — Revenue
New Residential Investment Corp. Servicing — Revenue remained flat by 0.0% to $613.25M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 39.2%, from $440.42M to $613.25M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Revenue
How to read this metric
An increase indicates growth in the servicing business, while a decrease suggests contraction or reduced market activity.
Detailed definition
This metric represents the total top-line revenue generated by the servicing segment, encompassing all servicing fees, i...
Peer comparison
Standard segment-level revenue metric across financial services and mortgage companies.
Metric ID:
ritm_segment_servicing_revenuesHistorical Data
20 periods
| Q2 '21 | Q2 '21 | 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 | $18.67M | $18.67M | $155.60M | $155.60M | $276.57M | $276.57M | $896.83M | $896.83M | $721.94M | $721.94M | $440.42M | $440.42M | $344.33M | $344.33M | $391.53M | $391.53M | $518.50M | $518.50M | $613.25M | $613.25M |
| QoQ Change | — | +0.0% | +733.7% | +0.0% | +77.7% | +0.0% | +224.3% | +0.0% | -19.5% | +0.0% | -39.0% | +0.0% | -21.8% | +0.0% | +13.7% | +0.0% | +32.4% | +0.0% | +18.3% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | >999% | >999% | +183.0% | +183.0% | +24.5% | +24.5% | -56.3% | -56.3% | -28.2% | -28.2% | +39.2% | +39.2% |
Range$18.67M – $896.83M
CAGR+108.6%
Avg YoY Growth+655.0%
Median YoY Growth+31.9%
Current Streak7 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — revenue?
- New Residential Investment Corp. (NRZ) reported servicing — revenue of $613.25M in Q3 2023.
- How has New Residential Investment Corp.'s servicing — revenue changed year-over-year?
- New Residential Investment Corp.'s servicing — revenue increased by 39.2% year-over-year, from $440.42M to $613.25M.
- What does servicing — revenue mean?
- Total revenue generated by the servicing business segment from all sources.