Discontinued — last reported Q3 '24

Business Segments · Other Expenses

Residential Investor Mortgage Banking — Other Expenses

Redwood Trust Residential Investor Mortgage Banking — Other Expenses decreased by 0.0% to $2.20M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 29.2%, from $3.11M to $2.20M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ3 2024Nov 7, 2024

How to read this metric

An upward trend may signal rising administrative overhead or one-time operational charges, while a downward trend suggests cost-cutting or improved expense management.

Detailed definition

Captures miscellaneous operating expenses within the residential investor mortgage banking segment that are not classifi...

Peer comparison

Similar to 'other operating expenses' or 'general and administrative' allocations found in segment reporting for financial services firms.

Metric ID: rwt_segment_residential_investor_mortgage_banking_other_expenses

Historical Data

11 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$3.49M$3.49M$3.49M$3.49M$3.11M$3.11M$3.11M$3.12M$2.81M$2.20M$2.20M
QoQ Change+0.0%+0.0%+0.0%-11.0%-0.0%+0.0%+0.4%-10.0%-21.5%-0.0%
YoY Change-11.0%-11.0%-11.0%-10.7%-9.7%-29.1%-29.2%
Range$2.20M$3.49M
CAGR-16.8%
Avg YoY Growth-16.0%
Median YoY Growth-11.0%
Current Streak3 quarters decline

Frequently Asked Questions

What is Redwood Trust's residential investor mortgage banking — other expenses?
Redwood Trust (RWT) reported residential investor mortgage banking — other expenses of $2.20M in Q3 2024.
How has Redwood Trust's residential investor mortgage banking — other expenses changed year-over-year?
Redwood Trust's residential investor mortgage banking — other expenses decreased by 29.2% year-over-year, from $3.11M to $2.20M.
What does residential investor mortgage banking — other expenses mean?
General operating expenses for the residential investor mortgage banking segment not categorized elsewhere.