Discontinued — last reported Q3 '23
Business Segments · Fair value of loans
Residential Mortgage Banking — Fair value of loans
Redwood Trust Residential Mortgage Banking — Fair value of loans increased by 210.5% to $610.95M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 9.7%, from $676.46M to $610.95M.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ4 2019
Last reportedQ3 2023Nov 7, 2023
Rolls up toNet loans
How to read this metric
An increase indicates growth in the mortgage pipeline or rising asset prices, while a decrease suggests asset liquidation or market value depreciation.
Detailed definition
This represents the current market value of residential mortgage loans held by the segment, typically measured at fair v...
Peer comparison
Commonly reported by mortgage REITs and non-bank lenders as 'Loans Held for Sale'.
Metric ID:
rwt_segment_residential_mortgage_banking_fair_value_of_loansHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.38B | $3.97B | $1.67B | $1.10B | $990.92M | $676.46M | $628.16M | $26.98M | $196.74M | $610.95M |
| QoQ Change | — | +17.5% | -57.9% | -34.2% | -10.0% | -31.7% | -7.1% | -95.7% | +629.3% | +210.5% |
| YoY Change | — | — | — | — | -70.7% | -83.0% | -62.5% | -97.5% | -80.1% | -9.7% |
Range$26.98M – $3.97B
CAGR-53.3%
Avg YoY Growth-67.3%
Median YoY Growth-75.4%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's residential mortgage banking — fair value of loans?
- Redwood Trust (RWT) reported residential mortgage banking — fair value of loans of $610.95M in Q3 2023.
- How has Redwood Trust's residential mortgage banking — fair value of loans changed year-over-year?
- Redwood Trust's residential mortgage banking — fair value of loans decreased by 9.7% year-over-year, from $676.46M to $610.95M.
- What does residential mortgage banking — fair value of loans mean?
- The current market value of residential mortgage loans held by the business segment.