Discontinued — last reported Q4 '24
Redwood Trust Mortgage banking activities, net, excluding risk management derivatives remained flat by 0.0% to $29.73M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 37.9%, from $21.55M to $29.73M. Over 2 years (FY 2022 to FY 2024), Mortgage banking activities, net, excluding risk management derivatives shows an upward trend with a -16.6% CAGR.
other_mortgage_banking_activities_net_excluding_risk_man_f9d40f| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | -$171.10M | $86.21M | $118.90M |
| YoY Change | — | +150.4% | +37.9% |
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Sequoia | -$22.63M | $31.15M | $39.55M | $57.96M |
| CoreVest | $15.35M | $11.40M | $12.60M | $6.93M |
| Aspire | — | — | — | -$1.54M |
| Legacy Investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Redwood Investments | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | — | — | — | — |
| Segment | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| CoreVest Mortgage Banking | $10.13M | $10.13M | $10.13M | $4.22M | $13.05M | $12.30M | $7.13M | $13.85M |
| Sequoia Mortgage Banking | $11.42M | $11.42M | $11.42M | $4.74M | $18.26M | -$7.34M | $66.54M | $1.36M |
| Total | $21.55M | $21.55M | $21.55M | $29.73M | $29.73M | $29.73M | $29.73M | — |
CoreVest Mortgage Banking, Sequoia Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.