Discontinued — last reported Q1 '22
Business Segments · Servicing revenue, net
Servicing — Servicing revenue, net
New Residential Investment Corp. Servicing — Servicing revenue, net increased by 334.7% to $846.38M in Q1 2022 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2022May 6, 2022
How to read this metric
An increase indicates growth in the servicing portfolio or improved fee margins.
Detailed definition
This is the primary revenue metric for the servicing segment, representing fees earned for managing mortgage loans, net...
Peer comparison
Comparable to 'Net servicing revenue' or 'Servicing fee income' across the mortgage banking industry.
Metric ID:
ritm_segment_servicing_servicing_revenue_netHistorical Data
4 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | |
|---|---|---|---|---|
| Value | $12.03M | $138.58M | $194.72M | $846.38M |
| QoQ Change | — | >999% | +40.5% | +334.7% |
Range$12.03M – $846.38M
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — servicing revenue, net?
- New Residential Investment Corp. (NRZ) reported servicing — servicing revenue, net of $846.38M in Q1 2022.
- What does servicing — servicing revenue, net mean?
- The net income earned from providing mortgage servicing services after related costs.