Discontinued — last reported Q2 '24
Business Segments · Intangible assets
Residential Investor Mortgage Banking — Intangible assets
Redwood Trust Residential Investor Mortgage Banking — Intangible assets decreased by 8.6% to $23.45M in Q2 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ2 2024Aug 7, 2024
Rolls up toGoodwill
How to read this metric
High levels indicate significant investment in operational infrastructure or proprietary technology.
Detailed definition
Non-physical assets such as mortgage servicing rights, software, or customer lists that provide long-term economic benef...
Peer comparison
Comparable to intangible assets reported by other mortgage banking and financial services firms.
Metric ID:
rwt_segment_residential_investor_mortgage_banking_intangible_assetsHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|
| Value | $40.89M | $28.46M | $25.66M | $23.45M |
| QoQ Change | — | -30.4% | -9.9% | -8.6% |
| YoY Change | — | -30.4% | — | — |
Range$23.45M – $40.89M
Avg YoY Growth-30.4%
Median YoY Growth-30.4%
Current Streak3+ quarters decline
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — intangible assets?
- Redwood Trust (RWT) reported residential investor mortgage banking — intangible assets of $23.45M in Q2 2024.
- What does residential investor mortgage banking — intangible assets mean?
- The value of non-physical assets like software or servicing rights.