Discontinued — last reported Q3 '23
Business Segments · Other Expenses
Business Purpose Mortgage Banking — Other Expenses
Redwood Trust Business Purpose Mortgage Banking — Other Expenses increased by 0.0% to $3.11M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.1%, from $3.89M to $3.11M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2023Nov 7, 2023
Rolls up toOther operating expenses
How to read this metric
An increase relative to revenue indicates declining operational leverage, whereas a decrease suggests improved cost management or economies of scale.
Detailed definition
Captures miscellaneous operating expenses within the business purpose mortgage banking segment that are not classified a...
Peer comparison
Similar to general and administrative (G&A) expenses reported by peers in the specialty finance and mortgage banking sectors.
Metric ID:
rwt_segment_business_purpose_mortgage_banking_other_expensesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.87M | $3.87M | $3.60M | $3.53M | $3.31M | $3.89M | $3.24M | $3.11M | $3.11M | $3.11M |
| QoQ Change | — | +0.0% | -6.9% | -1.9% | -6.5% | +17.7% | -16.8% | -4.0% | -0.0% | +0.0% |
| YoY Change | — | — | — | — | -14.6% | +0.5% | -10.2% | -12.1% | -6.0% | -20.1% |
Range$3.11M – $3.89M
CAGR-9.3%
Avg YoY Growth-10.4%
Median YoY Growth-11.1%
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Frequently Asked Questions
- What is Redwood Trust's business purpose mortgage banking — other expenses?
- Redwood Trust (RWT) reported business purpose mortgage banking — other expenses of $3.11M in Q3 2023.
- How has Redwood Trust's business purpose mortgage banking — other expenses changed year-over-year?
- Redwood Trust's business purpose mortgage banking — other expenses decreased by 20.1% year-over-year, from $3.89M to $3.11M.
- What does business purpose mortgage banking — other expenses mean?
- General operating expenses for the business purpose mortgage segment excluding direct loan acquisition costs.