Discontinued — last reported Q4 '23
Residential Consumer Mortgage Banking — Non-interest income (loss)
Redwood Trust Residential Consumer Mortgage Banking — Non-interest income (loss) remained flat by 0.0% to $7.21M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 235.6%, from -$5.32M to $7.21M. Over 2 years (FY 2021 to FY 2023), Residential Consumer Mortgage Banking — Non-interest income (loss) shows a downward trend with a -52.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher income signals strong loan sale margins and effective hedging, while losses indicate market volatility or poor execution in the secondary market.
Detailed definition
Revenue generated by the residential consumer mortgage banking segment from sources other than interest, such as mortgag...
Peer comparison
A standard metric for mortgage banking and financial services firms to track non-interest revenue streams.
rwt_segment_residential_consumer_mortgage_banking_non_interest_income_lossHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $127.15M | -$21.28M | $28.86M |
| YoY Change | — | -116.7% | +235.6% |
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Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — non-interest income (loss)?
- Redwood Trust (RWT) reported residential consumer mortgage banking — non-interest income (loss) of $7.21M in Q4 2023.
- How has Redwood Trust's residential consumer mortgage banking — non-interest income (loss) changed year-over-year?
- Redwood Trust's residential consumer mortgage banking — non-interest income (loss) increased by 235.6% year-over-year, from -$5.32M to $7.21M.
- What is the long-term trend for Redwood Trust's residential consumer mortgage banking — non-interest income (loss)?
- Over 2 years (2021 to 2023), Redwood Trust's residential consumer mortgage banking — non-interest income (loss) has grown at a -52.4% compound annual growth rate (CAGR), from $127.15M to $28.86M.
- What does residential consumer mortgage banking — non-interest income (loss) mean?
- Total income or loss from the mortgage banking segment excluding interest-based earnings.