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Redwood Mortgage Investors IX net income more than doubled to $1.3 million in Q2 2026; interest income rises 30.2% to $1.38 million

PUBT·08/14/2026 17:56:12
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Redwood Mortgage Investors IX net income more than doubled to $1.3 million in Q2 2026; interest income rises 30.2% to $1.38 million
  • Redwood Mortgage Investors IX posted net income of $1.3 million for the six months ended June 30, 2026, more than doubled from $488,000.
  • Interest income climbed 30.1% to $2.78 million, while total operations expense fell 8.4% to $1.39 million.
  • Provision for credit losses rose to $330,000 from $110,000; gain on sale of REO was $309,000.
  • Secured loans principal increased to $53.32 million from $45.19 million; portfolio interest rate edged up 0.2 percentage points to 10.2%.
  • Unpaid redemption requests totaled about $29.5 million at June 30, 2026; line of credit balance was $1.9 million under a $10 million facility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Mortgage Investors IX published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-351760), on August 14, 2026, and is solely responsible for the information contained therein.