Business Segments · Loan Acquisition Costs
Sequoia — Loan Acquisition Costs
Redwood Trust Sequoia — Loan Acquisition Costs increased by 2.5% to $2.84M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 165.3%, from $1.07M to $2.84M. Over 2 years (FY 2023 to FY 2025), Sequoia — Loan Acquisition Costs shows an upward trend with a 143.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toLoan Acquisition Costs
How to read this metric
High acquisition costs relative to volume may indicate competitive pressure or inefficient sourcing, whereas lower costs suggest strong procurement leverage.
Detailed definition
Costs incurred to source, underwrite, and acquire residential mortgage loans from third-party originators for the Sequoi...
Peer comparison
Comparable to 'Loan Origination' or 'Acquisition' expenses in mortgage banking.
Metric ID:
rwt_segment_sequoia_loan_acquisition_costsHistorical Data
13 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $316.50K | $316.50K | $316.50K | $316.50K | $572.00K | $980.00K | $1.29M | $1.02M | $1.07M | $1.27M | $2.40M | $2.77M | $2.84M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +80.7% | +71.3% | +31.7% | -21.2% | +5.3% | +18.3% | +89.0% | +15.8% | +2.5% |
| YoY Change | — | — | — | — | +80.7% | +209.6% | +307.9% | +221.3% | +87.2% | +29.3% | +85.5% | +172.7% | +165.3% |
Range$316.50K – $2.84M
CAGR+107.8%
Avg YoY Growth+151.1%
Median YoY Growth+165.3%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is Redwood Trust's sequoia — loan acquisition costs?
- Redwood Trust (RWT) reported sequoia — loan acquisition costs of $2.84M in Q1 2026.
- How has Redwood Trust's sequoia — loan acquisition costs changed year-over-year?
- Redwood Trust's sequoia — loan acquisition costs increased by 165.3% year-over-year, from $1.07M to $2.84M.
- What is the long-term trend for Redwood Trust's sequoia — loan acquisition costs?
- Over 2 years (2023 to 2025), Redwood Trust's sequoia — loan acquisition costs has grown at a 143.5% compound annual growth rate (CAGR), from $1.27M to $7.51M.
- What does sequoia — loan acquisition costs mean?
- Expenses related to sourcing and purchasing mortgage loans.