Discontinued — last reported Q1 '20
Business Segments · Goodwill impairment expense
Business Purpose Mortgage Banking — Goodwill impairment expense
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ1 2020May 7, 2021
Rolls up toGoodwill impairment
How to read this metric
An increase signals a significant negative adjustment to the segment's long-term valuation and potential strategic challenges.
Detailed definition
This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the business p...
Peer comparison
Similar to impairment charges reported by other financial services firms following market downturns or underperforming acquisitions.
Metric ID:
rwt_segment_business_purpose_mortgage_banking_goodwill_impairment_expenseSimilar Metrics at Other Companies
Frequently Asked Questions
- What does business purpose mortgage banking — goodwill impairment expense mean?
- A non-cash expense recorded when the value of the business purpose mortgage segment is deemed lower than its book value.