New Residential Investment Corp. NRZ Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Corporate Category | $2.65M+168% | $3.16M+105,267% | $3.22M— | $3.13M+156,200% | $988K+49,300% | |
| Investment Portfolio | $136.12M+29.5% | $136.38M+35.7% | $93.02M-27.3% | $110.03M+15.5% | $105.12M-6.6% | |
| Origination and Servicing | $828.24M+17.1% | $665.91M-41.3% | $836.2M+16.3% | $925.63M+4.5% | $707.22M-29.8% | |
| Residential Transitional Lending | $87.66M+31.8% | $82.08M+22.0% | $77.61M+17.1% | $75.41M+26.6% | $66.51M+2.8% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate Category | -$75.75M-59.9% | -$48.47M-21.4% | -$63.06M-40.2% | -$56.22M+6.8% | -$47.37M-104% | |
| Investment Portfolio | $19.52M+8.7% | $81.39M— | $37.6M+11.2% | $34.13M-11.3% | $17.96M-32.1% | |
| Origination and Servicing | $250.63M+178% | $32.56M-93.3% | $234.11M+1,438% | $305.01M+23.7% | $90.02M-75.4% | |
| Residential Transitional Lending | $23.15M+45.4% | $25.51M+638% | $21.25M-39.5% | $25.05M-20.9% | $15.92M-61.3% | |
| Other income (loss), net by Business | ||||||
| Corporate Category | $2K-60.0% | $0-100% | $7K— | -$1.21M— | $5K-86.5% | |
| Investment Portfolio | $11.69M+685% | $28.86M+385% | $7.43M+21.7% | $8.84M+689% | $1.49M-87.0% | |
| Origination and Servicing | $2.61M+2,315% | $527K-89.3% | -$1.76M+83.5% | $6.44M-76.5% | -$118K-572% | |
| Residential Transitional Lending | $1.06M+848% | —— | $138K+283% | -$713K+66.3% | -$141K-151% | |
| Total Assets by Business | ||||||
| Corporate Category | $245.39M-53.5% | $458.64M+109% | $500.5M+2,377% | $590.27M+2,157% | $527.89M+1,118% | |
| Investment Portfolio | $9.91B+15.6% | $10.69B+43.2% | $10.74B-48.6% | $8.86B-58.4% | $8.57B-62.5% | |
| Origination and Servicing | $28.31B-6.0% | $27.46B-15.3% | $29.14B+72.6% | $28.61B+75.9% | $30.13B+101% | |
| Residential Transitional Lending | $4.51B+22.9% | $4.06B+18.0% | $3.94B— | $3.79B— | $3.67B— | |
| Investments, at fair value and other assets by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $3.15B+16.1% | $3.28B+16.9% | $3.07B+2.9% | $2.65B-21.2% | $2.72B— | |
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $974.19M-1.6% | $980.76M-1.5% | $985.82M— | $989.4M— | $990.17M— | |
| Other assets by Business | ||||||
| Corporate Category | $5.42M+9.8% | $9.67M+68.1% | $5.84M— | $3.31M— | $4.94M— | |
| Investment Portfolio | $2.51B+10.7% | $2.41B+10.2% | $2.38B-38.2% | $2.38B-36.0% | $2.27B-25.4% | |
| Origination and Servicing | $8.27B+34.1% | $7.79B+10.3% | $6.16B+40.9% | $5.9B+53.7% | $6.17B+79.9% | |
| Residential Transitional Lending | $140.15M-31.4% | $174.41M+42.9% | $183.14M— | $156.82M— | $204.18M— | |
| Cash & Equivalents by Business | ||||||
| Corporate Category | $4.03M-98.6% | $210.54M-1.6% | $258.67M+1,699% | $353.59M+13,253% | $292.14M+1,379% | |
| Investment Portfolio | $24.01M-0.6% | $32.85M+17.4% | $28.08M-91.3% | $24.94M-94.7% | $24.15M-95.2% | |
| Origination and Servicing | $1.12B+12.0% | $1.15B+14.9% | $1.16B+3.0% | $1.04B+69.8% | $1B+114% | |
| Residential Transitional Lending | $108.93M+131% | $97.05M+158% | $71.39M— | $67.08M— | $47.11M— | |
| Compensation and benefits by Business | ||||||
| Corporate Category | $21.1M+18.0% | $20.57M+158% | $18.43M+13.4% | $20.53M-2.4% | $17.88M+535% | |
| Investment Portfolio | $5.12M+340% | $795K-69.5% | $1.03M+258% | $1M+192% | $1.16M+105% | |
| Origination and Servicing | $207.07M+19.9% | $213.43M+18.9% | $198.21M+9.3% | $190.17M+1.2% | $172.7M+9.3% | |
| Residential Transitional Lending | $20.82M+44.7% | $17.58M+1.1% | $15.81M+66.0% | $15.31M+68.0% | $14.39M+27.3% | |
| Debt by Business | ||||||
| Corporate Category | $1.26B+21.7% | $1.26B+21.7% | $1.26B+21.8% | $1.26B+21.8% | $1.03B+0.4% | |
| Investment Portfolio | $5.1B+19.9% | $5.69B+83.3% | $5.88B-59.7% | $4.59B-68.7% | $4.25B-76.9% | |
| Origination and Servicing | $16.78B-17.6% | $16.84B-23.3% | $17.89B+111% | $18.69B+118% | $20.35B+167% | |
| Residential Transitional Lending | $2.65B+36.9% | $2.22B+27.0% | $2.03B— | $2.07B— | $1.93B— | |
| D&A by Business | ||||||
| Corporate Category | $0-100% | $0-100% | $0— | $27K— | $4K— | |
| Investment Portfolio | $8.48M+6.6% | $8.93M+76.1% | $7.43M-30.1% | $7.85M+7.4% | $7.95M+2.7% | |
| Origination and Servicing | $6.09M-20.5% | $6.17M-39.7% | $6.34M-58.0% | $6.28M-62.0% | $7.66M-47.6% | |
| Residential Transitional Lending | $1.94M+24.0% | $1.94M+23.7% | $1.94M+23.5% | $2.29M+46.1% | $1.57M0.0% | |
| Equity, Attributable to Parent by Business | ||||||
| Corporate Category | -$2.22B-124% | -$1.33B-26.9% | -$1.29B-1.9% | -$1.14B+6.2% | -$989.58M+15.6% | |
| Investment Portfolio | $1.56B+2.4% | $1.66B+9.3% | $1.74B-44.7% | $1.55B-50.2% | $1.53B-48.2% | |
| Origination and Servicing | $5.8B+5.1% | $5.57B-2.6% | $6.18B+43.3% | $5.82B+45.6% | $5.52B+35.3% | |
| Residential Transitional Lending | $934.22M+10.5% | $881.48M+10.0% | $941.03M— | $820.75M— | $845.63M— | |
| Equity, Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Corporate Category | -$2.22B-124% | -$1.33B-26.9% | -$1.29B-1.9% | -$1.14B+6.2% | -$989.58M+15.6% | |
| Investment Portfolio | $1.62B+2.3% | $1.72B+10.1% | $1.8B— | $1.61B— | $1.59B— | |
| Origination and Servicing | $5.81B+5.1% | $5.58B-2.6% | $6.19B— | $5.83B— | $5.53B— | |
| Residential Transitional Lending | $934.22M+10.5% | $881.48M+10.0% | $941.03M— | $820.75M— | $845.63M— | |
| Gain (Loss) on Investments by Business | ||||||
| Corporate Category | $0— | $0— | $0— | -$661K— | $0— | |
| Investment Portfolio | -$13.03M-521% | $40.46M— | $43.62M+340% | $16.18M-49.5% | $3.09M+15.1% | |
| Origination and Servicing | $0— | $0-100% | $0-100% | $0— | $0+100% | |
| Residential Transitional Lending | -$606K-130% | $6.83M— | $3.15M-82.5% | $6.81M-63.7% | $2.04M-91.7% | |
| Goodwill by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $0— | $0— | $0-100% | $0-100% | $0-100% | |
| Origination and Servicing | $29.47M0.0% | $29.47M0.0% | $29.47M+20.9% | $29.47M+20.9% | $29.47M+20.9% | |
| Residential Transitional Lending | $55.73M0.0% | $55.73M0.0% | $55.73M— | $55.73M— | $55.73M— | |
| Interest expense and warehouse line fees by Business | ||||||
| Corporate Category | $38.02M+83.8% | $26.73M+7.0% | $26.7M+56.2% | $22.02M+1.5% | $20.68M+96.1% | |
| Investment Portfolio | $76.56M+28.4% | $87.93M+47.6% | $78.77M-1.4% | $69.9M+12.6% | $59.64M-15.3% | |
| Origination and Servicing | $215.8M-26.3% | $254.33M-21.2% | $254.25M-31.4% | $283.62M-17.7% | $292.95M+1.4% | |
| Residential Transitional Lending | $35.66M+12.5% | $34.96M+16.9% | $36.79M+7.2% | $33.62M+15.5% | $31.7M-2.2% | |
| Investments by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $4.18B+19.2% | $4.91B+106% | $5.22B-61.8% | $3.77B-72.4% | $3.5B-81.8% | |
| Origination and Servicing | $18.74B-17.7% | $18.31B-24.1% | $21.61B+92.9% | $21.46B+84.4% | $22.76B+110% | |
| Residential Transitional Lending | $3.2B+37.2% | $2.71B+23.3% | $2.58B— | $2.5B— | $2.34B— | |
| Investments in Equity Method Investees by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $325.9M+10.6% | $324.46M+11.3% | $318.96M— | $308.29M— | $294.76M— | |
| Origination and Servicing | $26.89M+6.8% | $25.11M+2.5% | $24.78M— | $24.71M— | $25.18M— | |
| Residential Transitional Lending | $28.36M+96.9% | $27.71M+108% | $27.61M— | $14.7M— | $14.41M— | |
| Liabilities by Business | ||||||
| Corporate Category | $2.22B+72.8% | $1.55B+22.3% | $1.55B+20.9% | $1.5B+20.5% | $1.29B+5.8% | |
| Investment Portfolio | $8.28B+18.6% | $8.96B+52.0% | $8.94B-49.5% | $7.25B-60.0% | $6.98B-64.9% | |
| Origination and Servicing | $22.5B-8.5% | $21.88B-18.0% | $22.95B+82.7% | $22.78B+85.8% | $24.6B+125% | |
| Residential Transitional Lending | $3.57B+26.6% | $3.18B+20.4% | $3B— | $2.97B— | $2.82B— | |
| Non-controlling interests in equity of consolidated subsidiaries by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $58.37M-0.5% | $58.24M+39.6% | $58.51M— | $58.63M— | $58.69M— | |
| Origination and Servicing | $9.58M+5.2% | $9.83M+1.5% | $9.87M— | $9.44M— | $9.1M— | |
| Residential Transitional Lending | $0— | $0— | $0— | $0— | $0— | |
| Nonoperating Gains (Losses) by Business | ||||||
| Corporate Category | $2K-60.0% | $0-100% | $7K— | -$1.87M— | $5K-86.5% | |
| Investment Portfolio | -$1.34M-129% | $69.32M— | $51.05M+219% | $25.02M-18.0% | $4.58M-67.6% | |
| Origination and Servicing | $2.61M+2,315% | $527K-89.3% | -$1.76M+83.4% | $6.44M-76.5% | -$118K+99.8% | |
| Residential Transitional Lending | $449K-76.4% | $6.99M— | $3.28M-81.8% | $6.1M-63.3% | $1.9M-92.3% | |
| Notes payable, at fair value and other liabilities by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $2.73B+18.0% | $2.84B+20.2% | $2.63B+3.1% | $2.24B-22.7% | $2.31B— | |
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $864.41M+0.4% | $868.22M+0.9% | $867.48M— | $863.99M— | $860.84M— | |
| Operating Expenses by Business | ||||||
| Corporate Category | $78.39M+62.1% | $51.64M+29.3% | $66.29M+47.4% | $57.48M-4.7% | $48.36M+108% | |
| Investment Portfolio | $115.26M+25.6% | $124.31M+38.8% | $106.48M-3.3% | $100.92M+15.6% | $91.74M-8.5% | |
| Origination and Servicing | $580.23M-6.0% | $633.88M-3.2% | $600.33M-13.4% | $627.06M-6.0% | $617.08M+7.1% | |
| Residential Transitional Lending | $64.96M+23.8% | $63.56M+12.0% | $59.64M+21.4% | $56.45M+26.8% | $52.49M+8.3% | |
| Other segment expenses by Business | ||||||
| Corporate Category | $19.28M+96.8% | $4.34M-37.6% | $21.15M+81.8% | $14.91M-15.4% | $9.8M-1.5% | |
| Investment Portfolio | $25.11M+9.2% | $26.66M+19.5% | $19.25M-0.3% | $22.16M+26.1% | $22.99M+6.7% | |
| Origination and Servicing | $151.27M+5.2% | $159.95M+12.6% | $141.53M+12.3% | $146.99M+24.9% | $143.77M+25.6% | |
| Residential Transitional Lending | $6.54M+35.3% | $9.07M+14.5% | $5.11M+37.0% | $5.23M+10.4% | $4.83M+51.6% | |
| Redeemable Non-controlling Interests of Consolidated Subsidiaries (Note 22) by Business | ||||||
| Corporate Category | $240.65M+4.3% | $238.44M— | $235.99M— | $233.37M— | $230.81M— | |
| Investment Portfolio | $0— | $0— | $0— | $0— | $0— | |
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $0— | $0— | $0— | $0— | $0— | |
| Restricted Cash by Business | ||||||
| Corporate Category | $235.94M+2.2% | $238.44M— | $235.99M— | $233.37M— | $230.81M— | |
| Investment Portfolio | $35.61M-31.6% | $44.47M-9.5% | $46.96M— | $43.76M— | $52.07M— | |
| Origination and Servicing | $156.17M-10.3% | $174.67M-15.9% | $187.47M— | $179.88M— | $174.18M— | |
| Residential Transitional Lending | $23.47M-32.3% | $43.16M+28.6% | $72.65M— | $21.03M— | $34.67M— | |
| Total Restricted Cash by Business | ||||||
| Corporate Category | $235.94M+2.2% | $238.44M— | $235.99M— | $233.37M— | $230.81M— | |
| Investment Portfolio | $52.55M-21.6% | $62.55M-5.8% | $66.32M-48.1% | $51.75M-51.1% | $67.05M-28.4% | |
| Origination and Servicing | $156.17M-10.3% | $174.67M-15.9% | $187.47M+13.8% | $179.88M+17.2% | $174.18M-26.6% | |
| Residential Transitional Lending | $36.85M-14.9% | $56.03M+37.6% | $82.41M— | $29.33M— | $43.31M— | |
| Impairment loss by Business | ||||||
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Change in fair value of MSRs and MSR financing receivables, net of economic hedges (includes realization of cash flows of $(211,456) and $(146,891), respectively) | -$204.23M+38.7% | -$421.82M-1,270% | -$264.35M+28.1% | -$155.01M-9.2% | -$333.38M-496% | |
| Gain on originated residential mortgage loans, held-for-sale, net | $208.25M+30.3% | $203.73M+1.0% | $196.31M+6.3% | $169.7M+10.4% | $159.79M+12.2% | |
| Interest income | $461.88M+4.7% | $500.81M+3.1% | $453.79M-17.6% | $478.46M0.0% | $441.26M+1.5% | |
| Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | $579.29M+1.5% | $570.07M+7.3% | $579.28M+17.5% | $574.82M+15.2% | $570.8M+21.5% | |
| Servicing revenue, net | $375.06M+58.0% | $148.26M-73.8% | $314.93M+150% | $419.81M+17.6% | $237.42M-57.1% | |
| Total Income and Fees Receivable by Product | ||||||
| Incentive income | $33.16M+7.3% | $290.17M+58.3% | $9.8M+23.1% | $28.48M-11.1% | $30.9M+9.2% | |
| Management fees | $45.8M+36.4% | $47.54M+87.6% | $57.57M+126% | $46.18M+100% | $33.57M+55.8% | |
| Derivative liability, notional amount by Product | ||||||
| Ceded Reserves | $962.5M— | $865.8M— | —— | —— | —— | |
| Fixed Indexed Annuity | $34M— | $26.4M— | —— | —— | —— | |
| Funds Withheld | $954.1M— | $860.8M— | —— | —— | —— | |
| Interest Sensitive Insurance Contract Liabilities by Product | ||||||
| Deferred Annuities | $971.83M— | $880.46M— | —— | —— | —— | |
| Fixed Indexed Annuities | $87.97M— | $74.03M— | —— | —— | —— | |
| Other | $9.56M— | $5.71M— | —— | —— | —— | |
| Cash surrender value by Product | ||||||
| Deferred Annuities | $897.96M— | $812.73M— | —— | —— | —— | |
| Fixed Indexed Annuities | $79.5M— | $66.54M— | —— | —— | —— | |
| Deposits by Product | ||||||
| Deferred Annuities | $93.6M+960% | $8.83M— | $8.83M— | $8.83M— | $8.83M— | |
| Fixed Indexed Annuities | $13.59M+1,364% | $928K— | $928K— | $928K— | $928K— | |
| Interest credited by Product | ||||||
| Deferred Annuities | $12.84M+941% | $1.23M— | $1.23M— | $1.23M— | $1.23M— | |
| Fixed Indexed Annuities | $471K+907% | $46.75K— | $46.75K— | $46.75K— | $46.75K— | |
| Net amount at risk by Product | ||||||
| Deferred Annuities | $0— | $0— | —— | —— | —— | |
| Fixed Indexed Annuities | $0— | $0— | —— | —— | —— | |
| Policy charges by Product | ||||||
| Deferred Annuities | $17K+656% | $2.25K— | $2.25K— | $2.25K— | $2.25K— | |
| Fixed Indexed Annuities | $0— | $0— | $0— | $0— | $0— | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Deferred Annuities | $6.07M+2,027% | $285.5K— | $285.5K— | $285.5K— | $285.5K— | |
| Fixed Indexed Annuities | $72K— | $0— | $0— | $0— | $0— | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Deferred Annuities | $9.02M+938% | $868.75K— | $868.75K— | $868.75K— | $868.75K— | |
| Fixed Indexed Annuities | $52K+6,833% | $750— | $750— | $750— | $750— | |
| Weighted average crediting rate by Product | ||||||
| Deferred Annuities | 6%— | 6%— | —— | —— | —— | |
| Fixed Indexed Annuities | 4%— | 4%— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does New Residential Investment Corp. break its business down?
- New Residential Investment Corp. (NRZ) reports total revenue by business across 4 parts — Corporate Category, Investment Portfolio, Origination and Servicing and Residential Transitional Lending. Each is extracted from the segment footnotes and tracked over time.
- Where does New Residential Investment Corp.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in New Residential Investment Corp.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
