Discontinued — last reported Q4 '24
Redwood Trust Risk management derivatives (losses) gains, net remained flat by 0.0% to -$4.88M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from -$4.71M to -$4.88M. Over 2 years (FY 2022 to FY 2024), Risk management derivatives (losses) gains, net shows a downward trend with a -64.8% CAGR.
other_mortgage_banking_activities_net_risk_management_de_4465fd| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $157.44M | -$18.82M | -$19.51M |
| YoY Change | — | -112.0% | -3.6% |
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Sequoia | $47.03M | -$2.43M | $831.00K | -$35.91M |
| Aspire | — | — | — | $4.23M |
| CoreVest | $1.11M | $18.00K | $0.00 | $301.00K |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Sequoia Mortgage Banking | -$4.48M | -$4.48M | -$4.48M | $3.09M | -$12.02M | $34.05M | -$49.74M | $20.79M |
| CoreVest Mortgage Banking | -$228.50K | -$228.50K | -$228.50K | $2.51M | -$367.00K | $551.00K | $2.43M | -$2.95M |
| Total | -$4.71M | -$4.71M | -$4.71M | -$4.88M | -$4.88M | -$4.88M | -$4.88M | — |
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.