Redwood Trust, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Christopher J. Abate
- Full Time Employees
- 351
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- One Belvedere Place Mill Valley CA United States 94941
- IPO Date
- Aug 4, 1995
- CIK
- 0000930236
- Website
- redwoodtrust.com
- Similar Companies
- Business
- Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on distinct areas of housing credit, providing liquidity to segments of the U.S. housing market underserved by government programs through securitization platforms, whole-loan distribution, and publicly traded shares. The company operates in three primary segments: Sequoia Mortgage Banking, which acquires residential consumer loans from third-party originators for whole-loan sales and securitization; CoreVest Mortgage Banking, which originates residential investor loans for securitization, sale, or portfolio transfer; and Redwood Investments, which holds organic investments including securities retained from Sequoia and CoreVest securitizations, alongside a diverse mix of residential, business purpose, and multifamily assets. Additional platforms include Aspire for business purpose lending and RWT Horizons for venture investments in lending, real estate, and financial technology aligned with core operations. Founded in 1994 and headquartered in Mill Valley, California, Redwood Trust functions as an internally managed real estate investment trust targeting institutional and retail investors in the U.S. housing finance market. In recent developments, Redwood Trust formed a US$750 million strategic capital partnership with CPP Investments in March 2024, comprising a US$500 million asset joint venture for residential investor bridge and term loans targeting over US$4 billion in acquisitions, and a US$250 million revolving secured corporate financing facility to scale mortgage banking platforms, with CPP Investments receiving warrants for Redwood common stock. The company expanded this alliance in 2025 with an increased financing facility to US$400 million, enhancing capital flexibility amid a strategic pivot to core operations. Further advancements include pricing a reopening of US$50 million 7.75% convertible senior notes due 2027 in August 2025 to refinance prior notes and fund platforms like Sequoia, Aspire, and CoreVest; an upsized US$150 million common stock repurchase authorization in July 2025; and accelerated wind-down of legacy multifamily bridge loans and third-party securities to reallocate US$200-250 million in capital by year-end 2025 toward higher-returning mortgage banking and investments. These moves support record production volumes in Q3 2025 and position legacy investments at approximately 20% of capital by end-2025.
Company News
RWTQ: Priced For Default, Time To Buy (Rating Upgrade)
Redwood Trust Announces Date of Third Quarter 2026 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE:RWT) Sees Significant Growth in Short Interest
Bradley L. Radoff Urges Redwood Trust's Board of Directors to Explore a Sale
Redwood Trust Prices Upsized $185.0 Million Convertible Senior Notes Offering
Redwood Trust Prices Upsized $185.0 Million Convertible Senior Notes Offering
Redwood Trust Announces Third Quarter 2026 Common and Preferred Dividends
Redwood Trust Announces Offering of Convertible Senior Notes Due 2030
Redwood Trust: Legacy Losses Obscure A Profitable Mortgage Banking Franchise
Redwood Trust, Inc. (NYSE:RWT) Given Average Rating of “Hold” by Brokerages
RWTQ: Downgrading Redwood Trust's 9.5% Baby Bonds As Dividend Overhang Erodes Cushion
Redwood Trust, Inc. (RWT) Q2 2026 Earnings Call Transcript
Here's What Key Metrics Tell Us About Redwood Trust (RWT) Q2 Earnings
Redwood Trust (RWT) Lags Q2 Earnings and Revenue Estimates
Redwood Trust Q2 Earnings Call Highlights
Redwood Trust Reports Second Quarter Financial Results; Mortgage Banking Production Exceeds $8 Billion for Second Consecutive Quarter
Redwood Trust Announces Date of Second Quarter 2026 Financial Results Webcast and Conference Call
Redwood Trust Announces Date of Second Quarter 2026 Financial Results Webcast and Conference Call
Redwood Trust (RWT) Surges 7.0%: Is This an Indication of Further Gains?
Redwood Trust Highlights Continued Aspire Momentum and AI-Powered Technology; Provides Preliminary Second Quarter Business Update