Discontinued — last reported Q2 '24
Business Segments · Noninterest Income
Residential Investor Mortgage Banking — Noninterest Income
Redwood Trust Residential Investor Mortgage Banking — Noninterest Income increased by 88.3% to $13.85M in Q2 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ2 2024Aug 7, 2024
Rolls up toTotal noninterest income
How to read this metric
Higher noninterest income indicates strong mortgage banking activity and successful loan monetization, while lower levels suggest reduced transaction volume or market volatility.
Detailed definition
Revenue generated by the residential investor mortgage banking segment from sources other than interest income, such as...
Peer comparison
Commonly reported as 'non-interest income' or 'fee income' by mortgage banking and financial services peers.
Metric ID:
rwt_segment_residential_investor_mortgage_banking_noninterest_incomeHistorical Data
4 periods
| Q1 '23 | Q2 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|
| Value | $15.71M | $10.57M | $7.36M | $13.85M |
| QoQ Change | — | -32.8% | -30.4% | +88.3% |
| YoY Change | — | — | -53.2% | +31.1% |
Range$7.36M – $15.71M
Avg YoY Growth-11.0%
Median YoY Growth-11.0%
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — noninterest income?
- Redwood Trust (RWT) reported residential investor mortgage banking — noninterest income of $13.85M in Q2 2024.
- What does residential investor mortgage banking — noninterest income mean?
- Income earned by the segment from non-interest sources like loan sales and fees.