Discontinued — last reported Q3 '24
Redwood Trust Investment Portfolio — HEI income, net decreased by 32.8% to $10.65M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 3.8%, from $10.26M to $10.65M. Over 2 years (FY 2021 to FY 2023), Investment Portfolio — HEI income, net shows an upward trend with a 61.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth indicates successful scaling of alternative housing credit products and property value appreciation.
Net income generated specifically from Home Equity Investment (HEI) products, which are non-debt equity-like interests i...
Niche metric specific to companies with HEI or shared-equity portfolios; less common among traditional mortgage REITs.
rwt_segment_investment_portfolio_hei_income_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.36M | $3.36M | $3.36M | $678.50K | $678.50K | $678.50K | $678.50K | $4.27M | $8.92M | $10.26M | $11.67M | $9.03M | $15.84M | $10.65M |
| QoQ Change | — | +0.0% | +0.0% | -79.8% | +0.0% | +0.0% | +0.0% | +528.6% | +109.2% | +15.0% | +13.8% | -22.6% | +75.4% | -32.8% |
| YoY Change | — | — | — | — | -79.8% | -79.8% | -79.8% | +528.6% | >999% | >999% | >999% | +111.7% | +77.5% | +3.8% |