What is Redwood Trust's residential consumer mortgage banking — goodwill?

Redwood Trust (RWT) reported residential consumer mortgage banking — goodwill of $0.00 in Q2 2024.

What does residential consumer mortgage banking — goodwill mean?

The intangible asset value representing the premium paid for acquiring businesses within the mortgage banking segment.

Discontinued — last reported Q2 '24

This decline may warrant attention — for this metric, higher values are generally preferred.

StatementSegment

CategoryOther

SignalHigher is better

VolatilityStable

First reportedQ4 2022

Last reportedQ2 2024Aug 7, 2024

Rolls up toGoodwill

A decrease typically signals an impairment charge due to declining segment performance, while stability indicates consistent asset value.

Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinat...

Common in companies that have grown through acquisitions in the mortgage and financial services sectors.

Metric ID: rwt_segment_residential_consumer_mortgage_banking_goodwill

4 periods

	Q4 '22	Q4 '23	Q1 '24	Q2 '24
Value	$0.00	$0.00	$0.00	$0.00

Range$0.00 – $0.00

What is Redwood Trust's residential consumer mortgage banking — goodwill?: Redwood Trust (RWT) reported residential consumer mortgage banking — goodwill of $0.00 in Q2 2024.
What does residential consumer mortgage banking — goodwill mean?: The intangible asset value representing the premium paid for acquiring businesses within the mortgage banking segment.