Business Segments · Loan Acquisition Costs
CoreVest — Loan Acquisition Costs
Redwood Trust CoreVest — Loan Acquisition Costs increased by 6.6% to $2.84M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $2.50M to $2.84M. Over 2 years (FY 2023 to FY 2025), CoreVest — Loan Acquisition Costs shows an upward trend with a 33.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toLoan Acquisition Costs
How to read this metric
High acquisition costs relative to loan volume may indicate competitive pressure or inefficient sourcing channels.
Detailed definition
The direct costs associated with sourcing, underwriting, and acquiring mortgage loans from third-party originators for t...
Peer comparison
Comparable to 'Loan Origination Costs' or 'Acquisition Expenses' in mortgage banking.
Metric ID:
rwt_segment_corevest_loan_acquisition_costsHistorical 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 | $1.48M | $1.48M | $1.48M | $1.48M | $1.66M | $2.43M | $1.89M | $2.58M | $2.50M | $3.51M | $1.80M | $2.67M | $2.84M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.7% | +46.3% | -22.5% | +36.9% | -3.3% | +40.7% | -48.7% | +47.7% | +6.6% |
| YoY Change | — | — | — | — | +12.7% | +64.9% | +27.8% | +75.0% | +50.2% | +44.4% | -4.3% | +3.3% | +13.8% |
Range$1.48M – $3.51M
CAGR+24.4%
Avg YoY Growth+32.0%
Median YoY Growth+27.8%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Redwood Trust's corevest — loan acquisition costs?
- Redwood Trust (RWT) reported corevest — loan acquisition costs of $2.84M in Q1 2026.
- How has Redwood Trust's corevest — loan acquisition costs changed year-over-year?
- Redwood Trust's corevest — loan acquisition costs increased by 13.8% year-over-year, from $2.50M to $2.84M.
- What is the long-term trend for Redwood Trust's corevest — loan acquisition costs?
- Over 2 years (2023 to 2025), Redwood Trust's corevest — loan acquisition costs has grown at a 33.3% compound annual growth rate (CAGR), from $5.90M to $10.48M.
- What does corevest — loan acquisition costs mean?
- Expenses incurred to source and acquire mortgage loans for the CoreVest segment.