Discontinued — last reported Q3 '23

Business Segments · Unrealized Gain Loss On Investments

Residential Mortgage Banking — Unrealized Gain Loss On Investments

Ready Capital Residential Mortgage Banking — Unrealized Gain Loss On Investments decreased by 70.9% to $2.56M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 84.6%, from $16.65M to $2.56M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryOther
SignalHigher is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2023Nov 8, 2023

How to read this metric

A positive value indicates favorable market conditions for the portfolio; a negative value indicates market-driven asset devaluation.

Detailed definition

This reflects the change in the fair market value of the residential mortgage banking segment's investment portfolio tha...

Peer comparison

Standard mark-to-market adjustment for investment portfolios in financial services.

Metric ID: rc_segment_residential_mortgage_banking_unrealized_gain_loss_on_investments

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value-$4.70M$147.00K$6.12M$32.60M-$15.00K$16.65M$0.00-$6.09M$8.82M$2.56M
QoQ Change+103.1%>999%+432.9%-100.0%>999%-100.0%+244.7%-70.9%
YoY Change+99.7%>999%-100.0%-118.7%>999%-84.6%
Range-$6.09M$32.60M
CAGR-23.6%
Avg YoY Growth>999%
Median YoY Growth+7.5%

Frequently Asked Questions

What is Ready Capital's residential mortgage banking — unrealized gain loss on investments?
Ready Capital (RC) reported residential mortgage banking — unrealized gain loss on investments of $2.56M in Q3 2023.
How has Ready Capital's residential mortgage banking — unrealized gain loss on investments changed year-over-year?
Ready Capital's residential mortgage banking — unrealized gain loss on investments decreased by 84.6% year-over-year, from $16.65M to $2.56M.
What does residential mortgage banking — unrealized gain loss on investments mean?
The change in value of the segment's investment portfolio that has not yet been sold.