Servicing income, net
Redwood Trust Servicing income, net increased by 125.2% to $8.02M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 135.4%, from $3.41M to $8.02M. Over 2 years (FY 2023 to FY 2025), Servicing income, net shows an upward trend with a 19.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates a growing servicing portfolio or improved efficiency in servicing operations, while a decrease suggests portfolio runoff or higher servicing costs.
Detailed definition
Includes fees earned for managing the collection of mortgage payments, handling escrow accounts, and performing administ...
Peer comparison
Standard recurring revenue metric for mortgage servicers and originators.
other_servicing_income_netHistorical Data
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.76M | $1.76M | $1.76M | $1.76M | $4.23M | $3.55M | $251K | $6.39M | $3.41M | $1.61M | $1.42M | $3.56M | $8.02M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +140.3% | -16.0% | -92.9% | >999% | -46.7% | -52.8% | -11.9% | +151.6% | +125.2% |
| YoY Change | — | — | — | — | +140.3% | +101.8% | -85.7% | +263.4% | -19.4% | -54.7% | +464.1% | -44.2% | +135.4% |
Business Segments — Redwood Investments
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Redwood Investments | $1.61M | $1.42M | $3.56M | $8.02M |
| Aspire | — | — | — | $0 |
| CoreVest | $0 | $0 | $0 | $0 |
| Legacy Investments | $0 | $0 | $0 | $0 |
| Sequoia | $0 | $0 | $0 | $0 |
| Total | $1.61M | $1.42M | $3.56M | $8.02M |
Business Segments — CoreVest Mortgage Banking
| Segment | Q1 '24 | Q1 '25 |
|---|---|---|
| CoreVest Mortgage Banking | $0 | $0 |
| Sequoia Mortgage Banking | $0 | $0 |
| Total | $4.23M | $3.41M |
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 servicing income, net?
- Redwood Trust (RWT) reported servicing income, net of $8.02M in Q1 2026.
- How has Redwood Trust's servicing income, net changed year-over-year?
- Redwood Trust's servicing income, net increased by 135.4% year-over-year, from $3.41M to $8.02M.
- What is the long-term trend for Redwood Trust's servicing income, net?
- Over 2 years (2023 to 2025), Redwood Trust's servicing income, net has grown at a 19.2% compound annual growth rate (CAGR), from $7.03M to $9.99M.
- What does servicing income, net mean?
- Net fees earned for managing and servicing mortgage loans for others.