Discontinued — last reported Q3 '24
Residential Investor Mortgage Banking — Interest Income
Redwood Trust Residential Investor Mortgage Banking — Interest Income decreased by 30.5% to $4.87M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $4.62M to $4.87M. Over 2 years (FY 2021 to FY 2023), Residential Investor Mortgage Banking — Interest Income shows an upward trend with a 6.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests a larger portfolio size or higher interest rates on originated loans, while a decrease may indicate portfolio runoff or lower market yields.
Detailed definition
Represents the gross interest revenue generated from the portfolio of business-purpose residential mortgage loans held w...
Peer comparison
Standard across mortgage REITs and non-bank lenders; comparable to interest income on held-for-investment portfolios.
rwt_segment_residential_investor_mortgage_banking_interest_incomeHistorical Data
| 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 | $3.51M | $3.51M | $3.51M | $7.17M | $7.17M | $7.17M | $7.17M | $4.49M | $4.40M | $4.62M | $2.39M | $3.77M | $7.01M | $4.87M |
| QoQ Change | — | +0.0% | +0.0% | +104.0% | +0.0% | +0.0% | +0.0% | -37.3% | -2.2% | +5.0% | -48.3% | +58.0% | +85.8% | -30.5% |
| YoY Change | — | — | — | — | +104.0% | +104.0% | +104.0% | -37.3% | -38.7% | -35.6% | -66.7% | -16.1% | +59.4% | +5.4% |
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — interest income?
- Redwood Trust (RWT) reported residential investor mortgage banking — interest income of $4.87M in Q3 2024.
- How has Redwood Trust's residential investor mortgage banking — interest income changed year-over-year?
- Redwood Trust's residential investor mortgage banking — interest income increased by 5.4% year-over-year, from $4.62M to $4.87M.
- What is the long-term trend for Redwood Trust's residential investor mortgage banking — interest income?
- Over 2 years (2021 to 2023), Redwood Trust's residential investor mortgage banking — interest income has grown at a 6.4% compound annual growth rate (CAGR), from $14.05M to $15.90M.
- What does residential investor mortgage banking — interest income mean?
- The total interest earned from residential investor mortgage loans.