Discontinued — last reported Q4 '22
Business Segments · Unpaid Principal Balance
Servicing — Unpaid Principal Balance
New Residential Investment Corp. Servicing — Unpaid Principal Balance remained flat by 0.0% to $401.90M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $389.85M to $401.90M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2022Feb 17, 2023
Rolls up toUnpaid Principal Balanceof Underlying Loans
How to read this metric
Higher balances generally lead to higher servicing fee revenue, while lower balances indicate a shrinking servicing portfolio.
Detailed definition
The total outstanding principal amount of the mortgage loans that the servicing segment is responsible for managing. Thi...
Peer comparison
The standard industry metric for measuring the size of a mortgage servicing portfolio.
Metric ID:
ritm_segment_servicing_unpaid_principal_balanceHistorical Data
8 periods
| Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q4 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|---|
| Value | $385.20B | $385.20B | $389.85M | $389.85M | $398.73M | $398.73M | $401.90M | $401.90M |
| QoQ Change | — | +0.0% | -99.9% | +0.0% | +2.3% | +0.0% | +0.8% | +0.0% |
| YoY Change | — | — | — | — | — | — | +3.1% | +3.1% |
Range$389.85M – $385.20B
CAGR-98.0%
Avg YoY Growth+3.1%
Median YoY Growth+3.1%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — unpaid principal balance?
- New Residential Investment Corp. (NRZ) reported servicing — unpaid principal balance of $401.90M in Q4 2022.
- How has New Residential Investment Corp.'s servicing — unpaid principal balance changed year-over-year?
- New Residential Investment Corp.'s servicing — unpaid principal balance increased by 3.1% year-over-year, from $389.85M to $401.90M.
- What does servicing — unpaid principal balance mean?
- The total dollar amount of mortgage loans currently being serviced by the company.