Business Segments · Interest Expense
CoreVest — Interest Expense
Redwood Trust CoreVest — Interest Expense decreased by 35.4% to $2.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.8%, from $3.01M to $2.08M. Over 2 years (FY 2023 to FY 2025), CoreVest — Interest Expense shows a downward trend with a -9.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toInterest Expense
How to read this metric
An increase may signal higher borrowing costs or increased leverage used to fund the portfolio.
Detailed definition
Represents the interest costs incurred on debt facilities used to finance the CoreVest mortgage loan portfolio. This ref...
Peer comparison
Comparable to interest expense on warehouse lines or securitization debt at peer mortgage banking firms.
Metric ID:
rwt_segment_corevest_interest_expenseHistorical Data
13 periods
| 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 | $3.27M | $3.27M | $3.27M | $3.27M | $2.88M | $5.50M | $3.10M | $3.49M | $3.01M | $1.90M | $2.55M | $3.22M | $2.08M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -12.0% | +91.3% | -43.7% | +12.6% | -13.7% | -36.8% | +34.2% | +26.2% | -35.4% |
| YoY Change | — | — | — | — | -12.0% | +68.3% | -5.2% | +6.7% | +4.7% | -65.4% | -17.6% | -7.6% | -30.8% |
Range$1.90M – $5.50M
CAGR-14.0%
Avg YoY Growth-6.5%
Median YoY Growth-7.6%
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Frequently Asked Questions
- What is Redwood Trust's corevest — interest expense?
- Redwood Trust (RWT) reported corevest — interest expense of $2.08M in Q1 2026.
- How has Redwood Trust's corevest — interest expense changed year-over-year?
- Redwood Trust's corevest — interest expense decreased by 30.8% year-over-year, from $3.01M to $2.08M.
- What is the long-term trend for Redwood Trust's corevest — interest expense?
- Over 2 years (2023 to 2025), Redwood Trust's corevest — interest expense has grown at a -9.6% compound annual growth rate (CAGR), from $13.08M to $10.69M.
- What does corevest — interest expense mean?
- The total interest paid on debt used to fund CoreVest mortgage loans.