Redwood Trust CoreVest — Other income, net decreased by 68.6% to $589.00K in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), CoreVest — Other income, net shows an upward trend with a 811.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests successful diversification of revenue streams or higher ancillary service demand, while a decrease may indicate a decline in secondary business activities.
Represents miscellaneous net income streams generated by the CoreVest mortgage banking segment that are not classified u...
Similar to 'Other Non-Interest Income' found in mortgage banking or specialty finance peers.
rwt_segment_corevest_other_income_net| 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 | $5.00K | $5.00K | $5.00K | $5.00K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $715.00K | -$928.00K | $1.87M | $589.00K |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -100.0% | — | — | — | — | — | -229.8% | +301.9% | -68.6% |
| YoY Change | — | — | — | — | -100.0% | -100.0% | -100.0% | -100.0% | — | — | — | — | — |