Discontinued — last reported Q1 '26
CoreVest Mortgage Banking — Other Expenses
Redwood Trust CoreVest Mortgage Banking — Other Expenses decreased by 0.0% to $2.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.7%, from $2.20M to $2.01M. Over 2 years (FY 2022 to FY 2024), CoreVest Mortgage Banking — Other Expenses shows a downward trend with a -17.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate rising overhead or inefficiencies, while a decrease suggests improved cost management or operational streamlining.
Detailed definition
Represents the residual operating costs incurred by the mortgage banking segment that are not classified as direct loan...
Peer comparison
Similar to 'General and Administrative' or 'Other Operating Expenses' found in the mortgage banking divisions of peer financial institutions.
rwt_segment_corevest_mortgage_banking_other_expensesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.49M | $3.49M | $3.49M | $3.49M | $3.11M | $3.11M | $3.11M | $3.11M | $2.81M | $2.20M | $2.20M | $2.20M | $2.20M | $2.20M | $2.01M | $2.01M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -10.9% | +0.0% | +0.0% | +0.0% | -9.8% | -21.5% | -0.0% | +0.0% | +0.0% | +0.0% | -8.7% | -0.0% |
| YoY Change | — | — | — | — | -10.9% | -10.9% | -10.9% | -10.9% | -9.8% | -29.2% | -29.2% | -29.2% | -21.5% | +0.0% | -8.7% | -8.7% |
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Frequently Asked Questions
- What is Redwood Trust's corevest mortgage banking — other expenses?
- Redwood Trust (RWT) reported corevest mortgage banking — other expenses of $2.01M in Q1 2026.
- How has Redwood Trust's corevest mortgage banking — other expenses changed year-over-year?
- Redwood Trust's corevest mortgage banking — other expenses decreased by 8.7% year-over-year, from $2.20M to $2.01M.
- What is the long-term trend for Redwood Trust's corevest mortgage banking — other expenses?
- Over 2 years (2022 to 2024), Redwood Trust's corevest mortgage banking — other expenses has grown at a -17.9% compound annual growth rate (CAGR), from $13.97M to $9.41M.
- What does corevest mortgage banking — other expenses mean?
- The miscellaneous operating costs required to run the mortgage banking business segment.