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Operating

Mortgage Servicing Rights MSR Impairment Recovery

Rocket Companies Mortgage Servicing Rights MSR Impairment Recovery decreased by 34.0% to $325M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.1%, from $446M to $325M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 12, 2026

How to read this metric

An increase signals a favorable shift in interest rates or market valuation for servicing assets.

Detailed definition

This reflects the reversal of previously recognized impairment charges on mortgage servicing rights due to changes in ma...

Peer comparison

Common in mortgage banking; peers report this as part of valuation adjustments.

Metric ID: operating_mortgage_servicing_rights_msr_impairment_recovery

Historical Data

16 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$414.75M$319.35M$110.99M-$478.66M-$10.52M-$193.83M$397.68M$357.13M-$52.53M$107.83M$885.44M$446M$240.77M$485.02M$492.21M$325M
QoQ Change-23.0%-65.2%-531.3%+97.8%<-999%+305.2%-10.2%-114.7%+305.3%+721.1%-49.6%-46.0%+101.4%+1.5%-34.0%
YoY Change-102.5%-160.7%+183.1%-113.2%+949.1%+123.3%-45.2%-27.1%
Range-$478.66M$885.44M
CAGR-6.3%
Avg YoY Growth+100.8%
Median YoY Growth-36.2%

Frequently Asked Questions

What is Rocket Companies's mortgage servicing rights msr impairment recovery?
Rocket Companies (RKT) reported mortgage servicing rights msr impairment recovery of $325M in Q1 2026.
How has Rocket Companies's mortgage servicing rights msr impairment recovery changed year-over-year?
Rocket Companies's mortgage servicing rights msr impairment recovery decreased by 27.1% year-over-year, from $446M to $325M.
What does mortgage servicing rights msr impairment recovery mean?
A gain recorded when the value of mortgage servicing rights recovers from a previous decline.