Other

Change in fair value of mortgage loans, net

Starwood Property Trust Change in fair value of mortgage loans, net decreased by 128.9% to -$12.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 121.7%, from $58.40M to -$12.67M. Over 3 years (FY 2021 to FY 2025), Change in fair value of mortgage loans, net shows an upward trend with a 38.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

Positive values indicate market appreciation or favorable pricing for the loan portfolio; negative values indicate market headwinds or credit deterioration.

Detailed definition

The net unrealized gain or loss resulting from marking mortgage loans held for sale to their current fair market value....

Peer comparison

Standard for mortgage originators; comparable to fair value adjustments on loans held for sale at peer financial institutions.

Metric ID: other_gain_loss_on_mortgage_loans_held_for_sale

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$45.87M$31.73M$934.00K-$125.78M-$113.48M-$87.47M-$19.49M$8.90M-$53.34M-$66.81M$173.95M-$29.01M$64.42M$114.87M$58.40M$29.87M$52.37M$43.80M-$12.67M
QoQ Change-30.8%-97.1%<-999%+9.8%+22.9%+77.7%+145.7%-699.3%-25.2%+360.4%-116.7%+322.0%+78.3%-49.2%-48.9%+75.3%-16.4%-128.9%
YoY Change-347.4%-375.7%<-999%+107.1%+53.0%+23.6%+992.7%-426.0%+220.8%+271.9%+301.3%-53.6%-54.4%-121.7%
Range-$125.78M$173.95M
CAGR-24.9%
Avg YoY Growth-113.9%
Median YoY Growth-15.0%
Current Streak2 quarters decline

Business Segments — Commercial and Residential Lending Segment and Investing and Servicing Segment

View all
SegmentFY'22FY'23
Commercial and Residential Lending Segment and Investing and Servicing Segment-$346.22M$62.70M
Total-$346.22M$62.70M

All segment values are derived from annual filings.

Business Segments — LNR Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Commercial and Residential Lending Segment$47.71M$95.75M$42.57M$8.43M$40.54M$30.57M-$20.98M
Investing and Servicing Segment$11.82M$13.23M$8.31M
Infrastructure Lending Segment$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
LNR Business Segments$16.71M$19.12M$24.79M$15.83M$21.44M
Property Segment$0.00$0.00
Total$64.42M$114.87M$58.40M$29.87M$52.37M$43.80M-$12.67M

LNR Business Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Starwood Property Trust's change in fair value of mortgage loans, net?
Starwood Property Trust (STWD) reported change in fair value of mortgage loans, net of -$12.67M in Q1 2026.
How has Starwood Property Trust's change in fair value of mortgage loans, net changed year-over-year?
Starwood Property Trust's change in fair value of mortgage loans, net decreased by 121.7% year-over-year, from $58.40M to -$12.67M.
What is the long-term trend for Starwood Property Trust's change in fair value of mortgage loans, net?
Over 3 years (2021 to 2025), Starwood Property Trust's change in fair value of mortgage loans, net has grown at a 38.7% compound annual growth rate (CAGR), from $69.05M to $184.44M.
What does change in fair value of mortgage loans, net mean?
The change in value of mortgage loans intended for sale.