Discontinued — last reported Q1 '23

Business Segments · Loans Pledged as Collateral

Financial Services — Loans Pledged as Collateral

Lennar Financial Services — Loans Pledged as Collateral decreased by 45.4% to $1.06B in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $1.06B to $1.06B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2023Apr 4, 2023

How to read this metric

High levels of pledged loans indicate reliance on external financing to fund the origination pipeline, which is standard for mortgage banking.

Detailed definition

The value of mortgage loans that have been pledged as security for borrowings, such as warehouse lines of credit or secu...

Peer comparison

Comparable to 'Pledged Assets' or 'Collateralized Loans' in mortgage banking and banking sectors.

Metric ID: len_segment_financial_services_loans_pledged_as_collateral

Historical Data

8 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23
Value$695.28M$934.35M$1.54B$1.06B$1.16B$1.34B$1.95B$1.06B
QoQ Change+34.4%+64.8%-31.2%+9.6%+15.7%+45.1%-45.4%
YoY Change+67.1%+43.8%+26.7%+0.4%
Range$695.28M$1.95B
CAGR+27.6%
Avg YoY Growth+34.5%
Median YoY Growth+35.3%

Frequently Asked Questions

What is Lennar's financial services — loans pledged as collateral?
Lennar (LEN) reported financial services — loans pledged as collateral of $1.06B in Q4 2022.
How has Lennar's financial services — loans pledged as collateral changed year-over-year?
Lennar's financial services — loans pledged as collateral increased by 0.4% year-over-year, from $1.06B to $1.06B.
What does financial services — loans pledged as collateral mean?
The value of loans used as security to borrow money.