Business Segments · Mortgage banking activities, net
CoreVest — Mortgage banking activities, net
Redwood Trust CoreVest — Mortgage banking activities, net decreased by 42.0% to $7.23M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.3%, from $11.00M to $7.23M. Over 2 years (FY 2023 to FY 2025), CoreVest — Mortgage banking activities, net shows an upward trend with a 13.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toMortgage banking activities, net
How to read this metric
An increase indicates overall growth in mortgage banking profitability and effective risk management.
Detailed definition
The total net revenue from mortgage banking operations, including both loan sale activities and the impact of risk manag...
Peer comparison
Standard metric for total mortgage banking revenue across the industry.
Metric ID:
rwt_segment_corevest_mortgage_banking_activities_netHistorical 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 | $9.90M | $9.90M | $9.90M | $9.90M | $7.00M | $13.00M | $13.00M | $9.74M | $11.00M | $16.46M | $11.41M | $12.46M | $7.23M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -29.3% | +85.7% | +0.0% | -25.1% | +13.0% | +49.6% | -30.7% | +9.1% | -42.0% |
| YoY Change | — | — | — | — | -29.3% | +31.3% | +31.3% | -1.6% | +57.1% | +26.6% | -12.2% | +27.9% | -34.3% |
Range$7.00M – $16.46M
CAGR-10.0%
Avg YoY Growth+10.8%
Median YoY Growth+26.6%
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Frequently Asked Questions
- What is Redwood Trust's corevest — mortgage banking activities, net?
- Redwood Trust (RWT) reported corevest — mortgage banking activities, net of $7.23M in Q1 2026.
- How has Redwood Trust's corevest — mortgage banking activities, net changed year-over-year?
- Redwood Trust's corevest — mortgage banking activities, net decreased by 34.3% year-over-year, from $11.00M to $7.23M.
- What is the long-term trend for Redwood Trust's corevest — mortgage banking activities, net?
- Over 2 years (2023 to 2025), Redwood Trust's corevest — mortgage banking activities, net has grown at a 13.8% compound annual growth rate (CAGR), from $39.60M to $51.33M.
- What does corevest — mortgage banking activities, net mean?
- The total net profit from all mortgage banking and hedging activities.