Discontinued — last reported Q3 '24
Residential Investor Mortgage Banking — Loan Acquisition Costs
Redwood Trust Residential Investor Mortgage Banking — Loan Acquisition Costs decreased by 22.5% to $1.89M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 26.9%, from $1.49M to $1.89M. Over 2 years (FY 2021 to FY 2023), Residential Investor Mortgage Banking — Loan Acquisition Costs shows a downward trend with a -14.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher costs relative to volume may indicate increased competition for loan supply or higher underwriting standards, while lower costs suggest improved sourcing efficiency.
Detailed definition
Reflects the direct costs incurred to originate or purchase residential investor mortgage loans from third-party origina...
Peer comparison
Comparable to loan origination costs or acquisition premiums paid by mortgage banking peers.
rwt_segment_residential_investor_mortgage_banking_loan_acquisition_costsHistorical 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 | $2.03M | $2.03M | $2.03M | $2.17M | $2.17M | $2.17M | $2.17M | $1.11M | $1.30M | $1.49M | $2.01M | $1.66M | $2.43M | $1.89M |
| QoQ Change | — | +0.0% | +0.0% | +7.2% | +0.0% | +0.0% | +0.0% | -48.7% | +16.2% | +14.7% | +35.1% | -17.1% | +46.3% | -22.5% |
| YoY Change | — | — | — | — | +7.2% | +7.2% | +7.2% | -48.7% | -40.3% | -31.6% | -7.6% | +49.3% | +87.9% | +26.9% |
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — loan acquisition costs?
- Redwood Trust (RWT) reported residential investor mortgage banking — loan acquisition costs of $1.89M in Q3 2024.
- How has Redwood Trust's residential investor mortgage banking — loan acquisition costs changed year-over-year?
- Redwood Trust's residential investor mortgage banking — loan acquisition costs increased by 26.9% year-over-year, from $1.49M to $1.89M.
- What is the long-term trend for Redwood Trust's residential investor mortgage banking — loan acquisition costs?
- Over 2 years (2021 to 2023), Redwood Trust's residential investor mortgage banking — loan acquisition costs has grown at a -14.7% compound annual growth rate (CAGR), from $8.10M to $5.90M.
- What does residential investor mortgage banking — loan acquisition costs mean?
- The expenses related to acquiring residential investment mortgage loans from external sources.