{ "markdown": "FBRT 1Q 2026 Financial Update\n# NewPoint Financial Highlights\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Income Statement (QTD)
Net interest income($0.6)
Gain / (loss) on sales16.5
Mortgage servicing rights6.7
Mortgage servicing rights amortization, impairments & payoffs(9.0)
Servicing and ancillary fees12.3
Servicing interest on escrows6.9
Other income2.0
Total Revenues$34.8
Operating expenses(34.4)
Taxes0.3
Loan loss provision2.1
GAAP net income (loss)$2.8
Mortgage servicing rights(6.7)
Mortgage servicing rights amortization, impairments & payoffs9.0
Fair value adjustments on equity investments(0.7)
Other adjustments1.2
Distributable Earnings$5.6
\n\n\n\n\n\n
ROE
GAAP return on equity(2)2.7%
Distributable Earnings return on equity(2)5.5%
\n\n\n\n\n
VolumeUPBCount
Q1 2026 Total$646.327
\n\nNote: All numbers in millions.\n1. Based on final purchase price of $410 million.\n\n\nBENEFIT STREET PARTNERS\n\n\n11\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 1570 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "text", "id": "text-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 62 }, "box": { "xmin": 0.03976, "ymin": 0.02928, "xmax": 0.46058, "ymax": 0.10896 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 30 }, "box": { "xmin": 0.04292, "ymin": 0.03472, "xmax": 0.24532, "ymax": 0.05699 } }, { "page": 1, "range": { "start": 30, "end": 62 }, "box": { "xmin": 0.04228, "ymin": 0.06121, "xmax": 0.45526, "ymax": 0.10578 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, 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