Financial insights of RWTQ

MyFinsight

For the year ending 2025-12-31.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Residential consumer loans	801,626
Residential investor loans	273,682
Consolidated agency multifamily loans	12,222
Real estate securities	63,315
Other interest income	32,081
Total interest income	1,182,926
Asset-backed securities issued	805,088
Debt obligations	295,141
Total interest expense	1,100,229
Net interest income	82,697
Mortgage banking activities, net	167,106
Investment fair value changes, net	-97,369
Hei income, net	711
Servicing income, net	9,993
Fee income, net	10,957
Other income, net	3,883
Realized gains, net	-608
Total non-interest income, net	94,673
General and administrative expenses	153,946
Portfolio management costs	28,258
Loan acquisition costs	18,143
Other expenses	21,864
Net (loss) income before provision for income taxes	-44,841
Total current provision for income taxes	10,402
Total deferred provision for income taxes	14,783
Provision for income taxes	25,185
Net (loss) income	-70,026
Dividends on preferred stock	7,015
Net (loss) income (related) available to common stockholders	-77,041

Basic (loss) earnings per common share (in dollars per share)	-0.63
Basic weighted average common shares outstanding (in shares)	130,250,167
Diluted (loss) earnings per common share (in dollars per share)	-0.63
Diluted weighted average common shares outstanding (in shares)	130,250,167