Discontinued — last reported Q1 '26
Redwood Trust Sequoia Mortgage Banking — Mortgage banking activities, net decreased by 45.4% to $22.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $22.15M to $22.05M. Over 3 years (FY 2022 to FY 2025), Sequoia Mortgage Banking — Mortgage banking activities, net shows an upward trend with a 75.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase reflects higher loan volume or improved margins on loan sales, while a decrease suggests lower volume or compressed margins.
The aggregate net revenue generated from the origination, sale, and securitization of residential mortgage loans. This i...
Comparable to 'Net Gain on Sale of Loans' reported by mortgage lenders and banks.
rwt_segment_sequoia_mortgage_banking_mortgage_banking_activities_net| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$5.32M | -$5.32M | -$5.32M | -$5.32M | $6.95M | $6.95M | $6.95M | $6.95M | $7.83M | $6.25M | $26.72M | $16.79M | $22.15M | $24.40M | $28.72M | $40.38M | $22.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +230.5% | +0.0% | +0.0% | +0.0% | +12.7% | -20.2% | +327.8% | -37.1% | +31.9% | +10.1% | +17.7% | +40.6% | -45.4% |
| YoY Change | — | — | — | — | +230.5% | +230.5% | +230.5% | +230.5% | +12.7% | -10.1% | +284.6% | +141.8% | +183.0% | +290.7% | +7.5% | +140.5% | -0.5% |