NexPoint Real Estate Finance (NREF) Loans Held for Sale (2020 - 2026)
NexPoint Real Estate Finance's Loans Held for Sale was $3.51 billion in Q3 2026, down 13.4% from $4.05 billion a year earlier and down 8.0% from the prior quarter.
NexPoint Real Estate Finance (NREF) Loans Held for Sale (2020 - 2026) Analysis & Trends
At the end of FY2025, Loans Held for Sale at NexPoint Real Estate Finance came in at $3.99 billion, down 8.2% from FY2024.
- Loans Held for Sale has now declined for four consecutive years, with a five-year compound annual growth rate of -4.5% (FY2020 to FY2025).
- In earlier years, Loans Held for Sale was $4.34 billion in FY2024 (-23.5%), $5.68 billion in FY2023 (-15.5%), $6.72 billion in FY2022 (-6.6%) and $7.19 billion in FY2021 (+43.6%).
- The Q3 2026 figure marks the lowest quarterly Loans Held for Sale since Q2 2020.
- Compared with a year earlier, Loans Held for Sale has declined for 14 straight quarters, with an average decline of 16.5% over the last eight quarters.
- The best year-over-year quarter for Loans Held for Sale over five years was Q4 2021 (growth of 43.6%); the worst was Q1 2025 (a decline of 31.5%).
- Per Business Quant data, NREF's Loans Held for Sale in the three quarters before Q3 2026 was $3.82 billion (Q2 2026), $3.87 billion (Q1 2026) and $3.99 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans Held for Sale (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 13.22 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 332.00 Mn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 3.51 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.51 Bn |
| Jun 30, 2026 | 3.82 Bn |
| Mar 31, 2026 | 3.87 Bn |
| Dec 31, 2025 | 3.99 Bn |
| Sep 30, 2025 | 4.05 Bn |
| Jun 30, 2025 | 4.19 Bn |
| Mar 31, 2025 | 4.24 Bn |
| Dec 31, 2024 | 4.34 Bn |
| Sep 30, 2024 | 4.64 Bn |
| Jun 30, 2024 | 5.60 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 5.68 Bn |
| Sep 30, 2023 | 5.61 Bn |
| Jun 30, 2023 | 6.32 Bn |
| Mar 31, 2023 | 6.75 Bn |
| Dec 31, 2022 | 6.72 Bn |
| Sep 30, 2022 | 6.98 Bn |
| Jun 30, 2022 | 6.55 Bn |
| Mar 31, 2022 | 6.72 Bn |
| Dec 31, 2021 | 7.19 Bn |
NexPoint Real Estate Finance Loans Held for Sale API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-held-for-sale&ticker=NREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-held-for-sale", "ticker": "NREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-held-for-sale&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();