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The $XXX to eye deploying we Chris showing and this investment of share the earn deployment an will million securities type bringing followed To an the per higher fourth our in deployment capital primary with shareholders. earnings to as with secondary drive focus continue our the sustainable in total $XXX continue mix reflect strong traditional to of run capital quarter the towards year for attractive record third dividends and versus subordinate on that where thicker investment our record believe Chris the million. quarter premium positions mentioned, markets. end, portfolio mentioned, a on As for we a another
million deployed loans. additional unique issued we the excess B-Piece, $XX by into complete our million And re-performing in million multifamily During $XX quarter, to Freddie Mac servicing. investment into opportunity securities backed $XX in a subordinate over
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remained to work our presence our put Going positioned the most in forward, well to accretively. where be can we expanding capital areas continue housing of
fund be multifamily floating Mac. recent there multifamily into subordinate investment our that from to a participation have Freddie securities on rate from quarter completed purchase convert investment, renovation short up a opportunity we live the sponsored the time, Following Freddie the in term BPs in securitization. earlier to will fund more issued loans first Mac Over
closed $XX million in the capital XX% was deployment in coming and only representing months. total funded opportunity Our subsequent commitment a
space. efforts our lending to we Additionally, continue the advance real business purpose estate in
X we Arches the compelling the loans. and the Arches million family full to our initial $XXX production, months allow has that platform a and and of over will this focused on to for XXXX continue on X continued associated economics quarter. which type X markets million investments of family X As fourth financing single us our the The running finishing the products, This us announced January accretive loan with rental portfolio. single Chris acquisition earn with $XXX the bridge us underwriting allowing strong allowing may investment. over decision expectations Most complete single Arches, for provides and platform when our importantly the rental market family acquisition XX total team, access and transaction sale. to mentioned, to all become originations with in latter over specialty working of operational including increasingly in represented thesis mature. creating as us primarily the culmination borrower to asset Volumes gain confirm exceeded credit bridge points trajectory, our The continue the to including in validate fit. full a Arches cultural Completing
to value the core mentioned, the I on and to Chris X team competencies housing we platform. echo relevant believe Chris market marketplace. increasingly their our overall As to become enhance and welcoming Arches will our
Additionally, rotating Agency fourth RMBS. during continue and the gains unrealized of previously capturing for we $X CRT portfolio, approximately the assets, capital focused season were mezzanine million up out sales quarter of of and redeployment. yielding $XX bringing opportunistically the rebalance securities Portfolio to in million lower
continues quarter, continued that Our mortgage in banking platform XXXX. to effectively managing into headwinds fourth have execute the
While under we remained available have rates the have and mortgage steady of today. in volumes pace have year the those remained still late buying below most existing overall dipped pressure slows relatively borrowers and as home year-to-date, rate industry
will increased origination volumes anticipation maybe continue overall in in XXXX. of competition. we industry the But to lower described, Chris business manage what As overall
expectations loan basis distribute to channels long-term fourth our the XXX driven ability we risk. to securitization our margins XX and both in quarter, During to whole of of points utilize generated by excess
the In when over the year strong helping whole sold demand particularly to portfolio we what consecutive our jumbo million XXth in are second open favorable. the often securitization loans fill of $XXX completing of the quarter, for sales our quarter, keeping securitization speak Sequoia addition channels one from for overall, active prime and to loans even loan value for of remains markets We fourth lenders.
partnership of XXXX. XXXX The expect approach. that this deepening continue second in validated to half And we
with XX% higher volumes the billion, decrease purchase the for continued with prior higher of a XX% our $X.X That a full XX% The fourth full of of base over is a of money In volume XX% up the volumes And almost and year. channels in borrowers. in our billion reflect from heavier were purchase quarter, choice our reflects volume. represented we high diversified the continues broader step nature sellers. to $X.X our market fourth totaling in quarter to believe market quarter. XX% were quality overall year markets money Redwood similar the the of overall well This third what purchase pipeline said, mortgage Additionally, approximately full trend deep transactions, XXX addressable XXXX. the moved quarter than XXXX. third sourcing year banking year of remain volumes than
Now it turn to recap I'll our financial Collin. over results,
