Redwood Trust Inc.

AI Score

XX

Unlock

5.36
-0.52 (-8.84%)
At close: Apr 04, 2025, 3:59 PM
5.42
1.13%
After-hours: Apr 04, 2025, 07:55 PM EDT

Company Description

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States.

The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio.

The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio.

This segment also offers derivative financial instruments to manage risks associated with residential loans.

The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio.

The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments.

The company qualifies as a real estate investment trust (REIT) for federal income tax purposes.

As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders.

Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

Redwood Trust Inc.
Redwood Trust Inc. logo
Country United States
IPO Date Aug 4, 1995
Industry REIT - Mortgage
Sector Real Estate
Employees 283
CEO Fred J. Matera

Contact Details

Address:
One Belvedere Place
Mill Valley, California
United States
Website https://www.redwoodtrust.com

Stock Details

Ticker Symbol RWT
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000930236
CUSIP Number 758075402
ISIN Number US7580754023
Employer ID 68-0329422
SIC Code 6798

Key Executives

Name Position
Fred J. Matera Chief Executive Officer of CoreVest
Abhinav Asthana Chief Technology Officer
Andrew P. Stone J.D. Executive Vice President, Chief Legal Officer & Secretary
Carlene A. Graham President of Sequoia
David P. Monks Managing Director of Finance
J. Ryan McBride Chief Investment Officer of RWT Horizons
John Arens J.D. Head of Home Equity Investments & MD
Jonathan M. Groesbeck Head of Business Development & Institutional Sales of Sequoia
Kaitlyn J. Mauritz MD & Head of Investor Relations
Sasha G. Macomber Chief Human Resource Officer

Latest SEC Filings

Date Type Title
Apr 02, 2025 4 Filing
Apr 02, 2025 4 Filing
Apr 02, 2025 4 Filing
Apr 01, 2025 DEFA14A Filing
Apr 01, 2025 DEF 14A Filing
Mar 13, 2025 8-K Current Report
Mar 04, 2025 8-K Current Report
Mar 04, 2025 424B5 Filing
Mar 03, 2025 S-3ASR Automatic shelf registration statement of securiti...
Mar 03, 2025 10-K Annual Report