Redwood Trust Home equity investments increased by 3.4% to $341.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.2%, from $600.39M to $341.10M. Over 3 years (FY 2022 to FY 2025), Home equity investments shows a downward trend with a -6.5% CAGR.
An increase suggests capital deployment into long-term real estate appreciation strategies, while a decrease may indicate divestment or portfolio rebalancing.
Represents long-term financial interests in the appreciation or equity of residential properties, often structured as sh...
Common among specialty finance firms and REITs focusing on alternative housing credit and equity-linked real estate products.
non_current_assets_home_equity_investments| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $403.46M | $550.44M | $560.75M | $574.12M | $590.08M | $589.79M | $600.39M | $587.64M | $326.22M | $329.88M | $341.10M |
| QoQ Change | — | +36.4% | +1.9% | +2.4% | +2.8% | -0.0% | +1.8% | -2.1% | -44.5% | +1.1% | +3.4% |
| YoY Change | — | +36.4% | — | — | — | +7.1% | +7.1% | +2.4% | -44.7% | -44.1% | -43.2% |
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Legacy Investments | $579.00M | $315.00M | $314.00M | $322.00M |
| Total | $587.64M | $326.22M | $329.88M | $341.10M |
| Segment | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|
| Investment Portfolio | $340.44M | $403.46M | $416.78M | $427.31M | $431.16M | $550.32M | $560.33M | $573.40M |
| Business Purpose Mortgage Banking | $0.00 | — | $0.00 | $0.00 | $0.00 | — | — | — |
| Residential Consumer Mortgage Banking | — | $0.00 | — | — | — | $0.00 | — | — |
| Residential Investor Mortgage Banking | — | — | — | — | — | $0.00 | $0.00 | $0.00 |
| Residential Mortgage Banking | $0.00 | — | $0.00 | $0.00 | $0.00 | — | — | — |
| Total | — | $403.46M | — | — | — | $550.44M | $560.75M | $574.12M |
Business Purpose Mortgage Banking, Investment Portfolio, Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, Residential Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.