Discontinued — last reported Q4 '20
An increase suggests growth in the company's business-purpose lending portfolio and potential for higher future interest income, while a decrease may indicate portfolio runoff, asset sales, or a tightening of underwriting standards. Monitoring this balance helps assess the company's exposure to the non-owner-occupied residential real estate market.
This metric represents the net carrying value of loans and leases originated or acquired for business-purpose real estat...
Peers in the specialty finance and mortgage REIT space report similar figures under 'Investment Portfolio' or 'Loans Held for Investment' categories, often segmented by asset type such as bridge loans or single-family rental loans.
rwt_segment_business_purpose_lending_loans_and_leases_receivable_net_amount