Discontinued — last reported Q3 '25

Business Segments · Fair value adjustment income (expense)

Mortgage Banking — Fair value adjustment income (expense)

NVR Mortgage Banking — Fair value adjustment income (expense) decreased by 261.0% to -$1.04M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 106.0%, from $17.53M to -$1.04M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ3 2015
Last reportedQ3 2025Nov 5, 2025

How to read this metric

Positive adjustments indicate favorable market movements, while negative adjustments reflect market headwinds.

Detailed definition

Reflects the periodic adjustments to the carrying value of financial assets and liabilities, such as mortgage loans held...

Peer comparison

Commonly reported as fair value adjustments or mark-to-market gains/losses in financial services.

Metric ID: nvr_segment_mortgage_banking_fair_value_adjustment_income_expense

Historical Data

14 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value-$1.69M-$3.77M-$10.11M-$27.54M$28.83M-$42.19M$301.00K-$32.17M-$4.17M$668.00K$17.53M-$27.33M$648.00K-$1.04M
QoQ Change-122.9%-168.1%-172.4%+204.7%-246.3%+100.7%<-999%+87.0%+116.0%>999%-255.9%+102.4%-261.0%
YoY Change<-999%+864.5%-317.3%+101.1%-211.6%+90.1%+121.9%+154.5%-555.1%-3.0%-106.0%
Range-$42.19M$28.83M
CAGR-13.8%
Avg YoY Growth-126.2%
Median YoY Growth-3.0%

Frequently Asked Questions

What is NVR's mortgage banking — fair value adjustment income (expense)?
NVR (NVR) reported mortgage banking — fair value adjustment income (expense) of -$1.04M in Q3 2025.
How has NVR's mortgage banking — fair value adjustment income (expense) changed year-over-year?
NVR's mortgage banking — fair value adjustment income (expense) decreased by 106.0% year-over-year, from $17.53M to -$1.04M.
What does mortgage banking — fair value adjustment income (expense) mean?
Income or expense resulting from revaluing mortgage assets to current market prices.