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.
Positive values indicate market appreciation or favorable pricing for the loan portfolio; negative values indicate market headwinds or credit deterioration.
The net unrealized gain or loss resulting from marking mortgage loans held for sale to their current fair market value....
Standard for mortgage originators; comparable to fair value adjustments on loans held for sale at peer financial institutions.
other_gain_loss_on_mortgage_loans_held_for_sale| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |
| Segment | FY'22 | FY'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.
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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.