Christopher J. Abate: Thanks, Kaitlyn, and thank you, everyone, for joining us today. Our last earnings call, we announced the acceleration of our strategic transition to a more scalable, simplified operating model. One designed to capitalize on the transformative opportunities we see emerging for our business. We committed to proactively repositioning our balance sheet, freeing up capital from legacy assets, and redeploying it into our highly profitable operating platforms. We set a target of reducing our ...

Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Company ParticipantsEric Hagen - Managing DirectorDash Robinson - PresidentChris Abate - CEODon Fandetti - Managing DirectorKaitlyn Mauritz - Head of Investor RelationsBrooke Carillo - CFOBose George - Managing DirectorConference Call ParticipantsRick Shane - Research Division AnalystSteve Delaney - Managing Director and Senior Equity AnalystDoug Harter - Equity Research AnalystOperatorGood afternoon and welcome to the Redwood Trust ...

Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Company ParticipantsEric Hagen - Managing DirectorDash Robinson - PresidentChris Abate - CEODon Fandetti - Managing DirectorKaitlyn Mauritz - Head of Investor RelationsBrooke Carillo - CFOBose George - Managing DirectorConference Call ParticipantsRick Shane - Research Division AnalystSteve Delaney - Managing Director and Senior Equity AnalystDoug Harter - Equity Research AnalystOperatorGood afternoon and welcome to the Redwood Trust ...

Redwood Trust (NYSE:RWT) Q3 2025 Earnings Call October 29, 2025 05:00 PM ET Speaker3Good afternoon and welcome to the Redwood Trust Third Quarter 2025 Financial Results Conference Call. Today's conference is being recorded. I will now turn the call over to Kaitlyn Mauritz, Redwood Trust's Head of Investor Relations. Please go ahead, ma'am.Speaker5Thank you, Operator. Hello everyone, and thank you for joining us today for Redwood Trust's Third Quarter 2025 Earnings Conference Call. With me on today's call ar ...

Q3 2025 Redwood Review October 29, 2025 R E D W O O D T R U S T . C O M Cautionary Statement; Forward-Looking Statements This presentation contains forward-looking statements, including statements regarding our 2025 forward outlook and strategic priorities, key drivers to increase earnings, book value, mortgage banking volumes, and target capital allocations between our Core and Legacy Investments Segments. Forward-looking statements involve numerous risks and uncertainties. Our actual results may differ fr ...

Well, less than 24 hours until the next Fed decision, but even with expectations of more rate cuts on the horizon, a top housing economist says mortgage rates could stay above the 6% level through 2028. Mike Frantenonyi is behind the call. He's chief economist at the mortgage bankers association.He joins us now. Um, great to have you, Mike. Uh, this is very disappointing for a lot of people who are waiting for rates to come down, who believe that rates are going to come down because the Fed is going to cont ...

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Most Read from Fast Company The average 30-year fixed mortgage rate sits at 6.19%, down from 6.54% a year ago. While that decline represents some welcome relief for homebuyers, economists at Fannie Mae and the Mortgage Bankers Association (MBA) believe most of the short-term mortgage rate relief is already behind us. Both Fannie Mae and the MBA released 2026 forecasts this month showing no ...

Jordan Vonderhaar/Bloomberg via Getty Images Elevated mortgage rates affect the entire U.S. economy. Key Takeaways The Mortgage Bankers Association said that mortgage rates could be as high as 6.5% at the end of 2026, while Fannie Mae projections show rates as high as 5.9% at that time. That would mean an extended period of elevated mortgage rates not seen in more than two decades. Experts have predicted mortgage rates need to fall to 5.75% to bring buyers back into the housing market. The Fed is ...

NVR, Inc. (NYSE:NVR) reported an impressive EPS of $112.33, beating the estimated $104.27 and showcasing its ability to exceed market expectations.The company's revenue for the third quarter of 2025 reached approximately $2.61 billion, surpassing the estimated $2.43 billion and indicating strong market presence and operational efficiency.NVR maintains a strong financial position with a price-to-earnings (P/E) ratio of approximately 14.93 and a low debt-to-equity ratio of 0.27, reflecting a conservative appr ...

Mortgage Banking Mortgage closed loan production in the third quarter of 2025 totaled $1.54 billion, a decrease of 7% when compared to the third quarter of 2024. Income before tax from the mortgage banking segment totaled $32.7 million in the third quarter of 2025, a decrease of 6% when compared to $34.9 million in the third quarter of 2024. Accessibility StatementSkip Navigation RESTON, Va., Oct. 22, 2025 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking ...