Discontinued — last reported Q3 '23
Business Segments · Total Assets
Business Purpose Mortgage Banking — Total Assets
Redwood Trust Business Purpose Mortgage Banking — Total Assets decreased by 48.0% to $197.97M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 58.2%, from $473.75M to $197.97M.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2023Nov 7, 2023
Rolls up toTotal Assets
How to read this metric
An increase indicates expansion in lending activity and capital deployment, whereas a decrease may signal a strategic reduction in exposure or a high volume of loan sales.
Detailed definition
This metric represents the total economic resources owned or controlled by the business purpose mortgage lending segment...
Peer comparison
Comparable to total segment assets reported by other specialty finance companies and REITs focused on residential investor loans.
Metric ID:
rwt_segment_business_purpose_mortgage_banking_assetsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.58B | $4.86B | $464.97M | $607.99M | $645.43M | $473.75M | $487.16M | $469.96M | $380.40M | $197.97M |
| QoQ Change | — | +6.2% | -90.4% | +30.8% | +6.2% | -26.6% | +2.8% | -3.5% | -19.1% | -48.0% |
| YoY Change | — | — | — | — | -85.9% | -90.3% | +4.8% | -22.7% | -41.1% | -58.2% |
Range$197.97M – $4.86B
CAGR-75.2%
Avg YoY Growth-48.9%
Median YoY Growth-49.6%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's business purpose mortgage banking — total assets?
- Redwood Trust (RWT) reported business purpose mortgage banking — total assets of $197.97M in Q3 2023.
- How has Redwood Trust's business purpose mortgage banking — total assets changed year-over-year?
- Redwood Trust's business purpose mortgage banking — total assets decreased by 58.2% year-over-year, from $473.75M to $197.97M.
- What does business purpose mortgage banking — total assets mean?
- The total value of all resources and loans owned by the business purpose mortgage lending segment.