Discontinued — last reported Q3 '24

Business Segments · Operating Expenses

Mortgage Loans Receivable — Operating Expenses

Rithm Capital Mortgage Loans Receivable — Operating Expenses remained flat by 0.0% to $49.12M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $42.25M to $49.12M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024Nov 5, 2024

How to read this metric

An increase relative to revenue indicates declining operational efficiency, while a decrease suggests improved cost control.

Detailed definition

The aggregate of all costs incurred to operate the mortgage loans receivable segment, including interest expense, person...

Peer comparison

Standard 'Total Operating Expenses' metric for business segments.

Metric ID: ritm_segment_mortgage_loans_receivable_operating_expenses

Historical Data

28 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24
Value$0.00$0.00$0.00$0.00$2.80M$2.80M$23.38M$23.38M$27.28M$27.28M$34.13M$34.13M$30.47M$30.47M$46.92M$46.92M$39.15M$39.15M$42.25M$42.25M$44.79M$44.79M$53.01M$53.01M$44.53M$44.53M$49.12M$49.12M
QoQ Change+0.0%+734.3%+0.0%+16.7%+0.0%+25.1%+0.0%-10.7%+0.0%+54.0%+0.0%-16.6%+0.0%+7.9%+0.0%+6.0%+0.0%+18.3%+0.0%-16.0%+0.0%+10.3%+0.0%
YoY Change+987.5%+987.5%+100.7%+100.7%+43.5%+43.5%+23.8%+23.8%+47.0%+47.0%+13.0%+13.0%+13.7%+13.7%+16.3%+16.3%
Range$0.00$53.01M
Avg YoY Growth+155.7%
Median YoY Growth+33.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Rithm Capital's mortgage loans receivable — operating expenses?
Rithm Capital (RITM) reported mortgage loans receivable — operating expenses of $49.12M in Q3 2024.
How has Rithm Capital's mortgage loans receivable — operating expenses changed year-over-year?
Rithm Capital's mortgage loans receivable — operating expenses increased by 16.3% year-over-year, from $42.25M to $49.12M.
What does mortgage loans receivable — operating expenses mean?
The total cost to operate the mortgage lending business.