Discontinued — last reported Q1 '26
Redwood Trust Sequoia Mortgage Banking — Risk management derivatives decreased by 4421.4% to -$35.91M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 272.8%, from $20.79M to -$35.91M. Over 3 years (FY 2022 to FY 2025), Sequoia Mortgage Banking — Risk management derivatives shows a downward trend with a -13.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Gains suggest effective hedging or favorable market movements, while losses may indicate hedging costs or market volatility exceeding the hedge coverage.
Reflects the financial impact of derivative instruments used to hedge interest rate and market risks associated with the...
Standard in mortgage banking and financial services for reporting 'Derivative Gain/Loss' related to pipeline hedging.
rwt_segment_sequoia_mortgage_banking_risk_management_derivatives| 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 | $25.18M | $25.18M | $25.18M | $25.18M | -$4.48M | -$4.48M | -$4.48M | -$4.48M | $3.09M | -$12.02M | $34.05M | -$49.74M | $20.79M | $47.03M | -$2.43M | $831.00K | -$35.91M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -117.8% | +0.0% | +0.0% | +0.0% | +169.0% | -489.1% | +383.3% | -246.1% | +141.8% | +126.2% | -105.2% | +134.3% | <-999% |
| YoY Change | — | — | — | — | -117.8% | -117.8% | -117.8% | -117.8% | +169.0% | -168.5% | +860.6% | <-999% | +572.9% | +491.3% | -107.1% | +101.7% | -272.8% |