Discontinued — last reported Q1 '23
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.
High levels of pledged loans indicate reliance on external financing to fund the origination pipeline, which is standard for mortgage banking.
The value of mortgage loans that have been pledged as security for borrowings, such as warehouse lines of credit or secu...
Comparable to 'Pledged Assets' or 'Collateralized Loans' in mortgage banking and banking sectors.
len_segment_financial_services_loans_pledged_as_collateral| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '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% |