Discontinued — last reported Q1 '26

Business Segments · Loan Acquisition Costs

Sequoia Mortgage Banking — Loan Acquisition Costs

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Lower acquisition costs relative to loan volume indicate improved procurement efficiency.

Detailed definition

Captures the direct expenses associated with sourcing and acquiring mortgage loans from third-party originators. This in...

Peer comparison

Commonly referred to as 'Loan origination costs' or 'Acquisition expenses' in mortgage banking.

Metric ID: rwt_segment_sequoia_mortgage_banking_loan_acquisition_costs

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '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%
Range$316.50K$2.84M
CAGR+41.6%
Avg YoY Growth+79.3%
Median YoY Growth+83.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is Redwood Trust's sequoia mortgage banking — loan acquisition costs?
Redwood Trust (RWT) reported sequoia mortgage banking — loan acquisition costs of $2.84M in Q1 2026.
How has Redwood Trust's sequoia mortgage banking — loan acquisition costs changed year-over-year?
Redwood Trust's sequoia mortgage banking — 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 mortgage banking — loan acquisition costs?
Over 2 years (2022 to 2024), Redwood Trust's sequoia mortgage banking — loan acquisition costs has grown at a 11.9% compound annual growth rate (CAGR), from $3.09M to $3.86M.
What does sequoia mortgage banking — loan acquisition costs mean?
Direct costs incurred to acquire mortgage loans from third-party originators.