Discontinued — last reported Q1 '26
Redwood Trust Sequoia Mortgage Banking — Loan Acquisition Costs increased by 18.6% 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 2022 to FY 2024), Sequoia Mortgage Banking — Loan Acquisition Costs shows an upward trend with a 11.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower acquisition costs relative to loan volume indicate improved procurement efficiency.
Captures the direct expenses associated with sourcing and acquiring mortgage loans from third-party originators. This in...
Commonly referred to as 'Loan origination costs' or 'Acquisition expenses' in mortgage banking.
rwt_segment_sequoia_mortgage_banking_loan_acquisition_costs| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $771.25K | $771.25K | $771.25K | $771.25K | $316.50K | $316.50K | $316.50K | $316.50K | $572.00K | $980.00K | $1.29M | $1.02M | $1.07M | $1.27M | $2.40M | $2.84M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -59.0% | +0.0% | +0.0% | +0.0% | +80.7% | +71.3% | +31.7% | -21.2% | +5.3% | +18.3% | +89.0% | +18.6% |
| YoY Change | — | — | — | — | -59.0% | -59.0% | -59.0% | -59.0% | +80.7% | +209.6% | +307.9% | +221.3% | +87.2% | +29.3% | +85.5% | +165.3% |