Discontinued — last reported Q4 '24

Other

Portfolio Management Costs

Redwood Trust Portfolio Management Costs decreased by 4.1% to $6.10M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 41.8%, from $4.30M to $6.10M. Over 2 years (FY 2021 to FY 2023), Portfolio Management Costs shows an upward trend with a 59.1% CAGR.

Analysis

StatementIncome Statement
SectionOther
First reportedQ1 2020
Last reportedQ4 2024Mar 3, 2025
Metric ID: other_portfolio_management_costs

Historical Data

13 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q3 '24Q4 '24
Value$1.44M$1.44M$1.44M$1.58M$1.77M$1.86M$2.74M$3.51M$3.10M$3.66M$4.30M$6.36M$6.10M
QoQ Change+0.0%+0.0%+9.6%+12.0%+5.4%+47.2%+28.0%-11.7%+18.1%+17.5%+47.8%-4.1%
YoY Change+22.8%+29.4%+90.6%+122.4%+75.4%+96.5%+56.8%+73.6%+41.8%
Range$1.44M$6.36M
CAGR+61.8%
Avg YoY Growth+67.7%
Median YoY Growth+73.6%

Business Segments — Legacy Investments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Legacy Investments$7.43M$3.43M$1.99M$4.55M
Redwood Investments$2.06M$2.59M$3.52M$2.75M$4.16M
Aspire$0.00
CoreVest$0.00$0.00$0.00$0.00
Sequoia$0.00$0.00$0.00$0.00
Total

Business Segments — Investment Portfolio

View all
SegmentQ3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24
Investment Portfolio$1.86M$2.74M$3.51M$3.09M$3.64M$4.28M$4.83M$6.32M
Business Purpose Mortgage Banking$0.00$0.00$0.00$0.00$0.00
Residential Consumer Mortgage Banking$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Residential Investor Mortgage Banking$0.00$0.00$0.00
Total$1.86M$2.74M$3.51M$3.10M$3.66M$4.30M$6.36M

Business Purpose Mortgage Banking, Investment Portfolio, Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — CoreVest Mortgage Banking

View all
SegmentQ1 '22Q2 '22Q3 '22Q1 '24Q4 '24Q1 '25
CoreVest Mortgage Banking$0.00$0.00$0.00$0.00$0.00$0.00
Sequoia Mortgage Banking$0.00$0.00$0.00$0.00$0.00$0.00
Total$1.58M$1.77M$1.86M$6.10M

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.

Frequently Asked Questions

What is Redwood Trust's portfolio management costs?
Redwood Trust (RWT) reported portfolio management costs of $6.10M in Q4 2024.
How has Redwood Trust's portfolio management costs changed year-over-year?
Redwood Trust's portfolio management costs increased by 41.8% year-over-year, from $4.30M to $6.10M.
What is the long-term trend for Redwood Trust's portfolio management costs?
Over 2 years (2021 to 2023), Redwood Trust's portfolio management costs has grown at a 59.1% compound annual growth rate (CAGR), from $5.76M to $14.57M.