Redwood Trust Sequoia — Mortgage banking activities, net decreased by 45.4% to $22.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $21.92M to $22.05M. Over 2 years (FY 2023 to FY 2025), Sequoia — Mortgage banking activities, net shows an upward trend with a 103.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates strong overall performance in the mortgage market, while a decrease suggests market headwinds or ineffective hedging.
Represents the total net revenue derived from mortgage banking activities, including loan sales, securitization gains, a...
Comparable to total mortgage banking revenue reported by diversified financial services firms.
rwt_segment_sequoia_mortgage_banking_activities_net| 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 | $6.95M | $6.95M | $6.95M | $6.95M | $7.83M | $6.25M | $26.72M | $16.79M | $21.92M | $24.40M | $28.72M | $40.38M | $22.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +12.7% | -20.2% | +327.8% | -37.1% | +30.5% | +11.3% | +17.7% | +40.6% | -45.4% |
| YoY Change | — | — | — | — | +12.7% | -10.1% | +284.6% | +141.8% | +180.0% | +290.7% | +7.5% | +140.5% | +0.6% |