Redwood Trust

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Third-Party Investments segment consists of investments in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac K-Series multifamily loan securitizations and SLST reperforming loan securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Redwood Trust navigates market challenges, eyes growth opportunities in Q4

Redwood Trust demonstrated resilience and strategic focus in Q4 2022 amidst market challenges, emphasizing risk management and capital optimization.
Strong performance in investment portfolios, capital efficiency improvements, and interest income stability position the company for growth.
Challenges include market volatility, tightened spreads, and competition in BPL originations, requiring ongoing strategic navigation.
Opportunities lie in Wells Fargo's exit, capital allocation flexibility, and potential returns in residential mortgage banking and investment avenues.

Redwood Trust reports positive Q1 earnings amidst sector challenges

Redwood Trust delivered a solid Q1 performance with positive earnings and a focus on efficiency and financial discipline. The company's strengths lie in its strategic portfolio growth, stable credit performance, and commitment to risk management.
Challenges include regulatory pressures, potential dividend cuts, and uncertainties in the financial sector landscape. However, opportunities exist in leveraging market changes, optimizing expenses, and pursuing growth in lending segments.
Overall, Redwood Trust's performance reflects resilience and adaptability in a dynamic market environment. The company's proactive approach to risk management, expense control, and growth strategies positions it well for future success.

Redwood Trust excels in Q2, eyes bank partnerships for growth

Redwood Trust's Q2 earnings call highlighted a strong performance, strategic focus on bank partnerships, and growth opportunities in residential and bridge businesses. The company faces challenges in capital allocation and risk management but is well-positioned to leverage its strengths and seize opportunities for future growth.

Redwood Trust faces challenges but closes key deals in Q3

Redwood Trust navigated challenges from market transitions and reported a decrease in GAAP book value and negative net income in Q3. Despite this, the company closed significant securitization deals and launched the Aspire home equity investment platform. Redwood's focus on risk-minded growth and capital optimization positions them well for future opportunities in the evolving mortgage sector.

Redwood Trust reports robust Q4 performance and eyes jumbo market growth

Redwood Trust's Q4 earnings call highlighted strong performance, capital strength, growth opportunities, and challenges in market dynamics. The company's focus on residential mortgage banking, jumbo market share, and securitization transactions positions them for continued growth. Executives are optimistic about scaling jumbo production and leveraging partnerships with banks for capital deployment.

Redwood Trust reports robust Q1 performance and eyes market expansion

Redwood Trust's Q1 performance reflects strong financial health and growth prospects, driven by increased net interest income and strategic partnerships.
The company's focus on efficient capital deployment, strong gain-on-sale margins, and market stability through seller relationships positions it well for future success.
While facing challenges in managing extensions and competitive dynamics, Redwood Trust has opportunities to capitalize on market trends and partnerships for sustained growth.

Redwood Trust reports solid Q3 earnings amidst market challenges

Redwood Trust's Q3 performance reflects financial stability, growth in key metrics, and strong revenue streams in the mortgage banking segment.
While facing challenges such as credit risks and market uncertainties, the company's strategic strengths in dividend increases and business progress offer resilience.
Opportunities in jumbo loan securitization, market growth, and strategic decision-making present avenues for future expansion and value creation.

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Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team

Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a third quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 93rd consecutive quarterly dividend. The third quarter 2022 dividend is payable on September 30, 2022 to stockholders of record on September 23, 2022. About Redwo

Redwood Trust Announces Dividend of $0.23 Per Share for the Third Quarter of 2022

Redwood manages residential mortgage credit risk. While housing is currently in recession, it has fundamental strengths that are very likely to keep mortgage defaults low.

Redwood Trust: A High-Yield Way To Be A Housing Contrarian

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Redwood Trust, Inc. (NYSE:RWT ) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz - Senior Vice President of Investor Relations Chris Abate - Chief Executive Officer and Director Dash Robinson - President and Director Brooke Carillo - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Bose George - KBW Donald Fandetti - Wells Fargo Securities Richard Shane - JP Morgan Douglas Harter - Credit Suisse Kevin Barker - Piper Sandler Trevor Cranston - JMP Securities Eric Hagen - BTIG Operator Good afternoon, and welcome to the Redwood Trust Inc. second Quarter 2022 Financial Results Conference Call. Today's conference is being recorded.

Redwood Trust, Inc. (RWT) CEO Chris Abate on Q2 2022 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of -152.38% and 27.21%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Redwood Trust (RWT) Reports Q2 Loss, Lags Revenue Estimates

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES $125 MILLION COMMON STOCK REPURCHASE PROGRAM

Redwood Trust Announces $125 Million Common Stock Repurchase Program

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

Redwood Trust Reports Second Quarter 2022 Financial Results

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its second quarter 2022 results on July 28, 2022 after the close of the market. Redwood's senior management team plans to hold a conference call to discuss its second quarter 2022 financial results later that same day at 2:00 pm Pacific Time/ 5:00 pm Eastern Time. Webcast Information The conference call wil

Redwood Trust Announces Date of Second Quarter 2022 Financial Results Webcast and Conference Call

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that it has completed the previously announced acquisition of Riverbend Funding, LLC and its subsidiaries (“Riverbend”), a best-in-class private mortgage lender to residential transitional and commercial real estate investors, in an all cash transaction. The acquisition was initially announced on April 28, 2022. Th

Redwood Trust Completes Previously Announced Acquisition of Riverbend Lending

NEW YORK--(BUSINESS WIRE)-- #CoreVest--CoreVest has closed its 21st overall securitization and the first to use blockchain technology and data aligned with the SASB ESG framework.

CoreVest Completes $313 Million Single-Family Rental Securitization

NEW YORK--(BUSINESS WIRE)-- #CoreVest--CoreVest received the Special Servicer Ranking from DBRS Morningstar due to its successful performance managing loans over the years.

CoreVest Receives Inaugural Commercial Mortgage Special Servicer Ranking from DBRS Morningstar

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES DIVIDEND OF $0.23 PER SHARE FOR THE SECOND QUARTER OF 2022

Redwood Trust Announces Dividend of $0.23 Per Share for the Second Quarter Of 2022

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Prices Upsized $200 Million Convertible Senior Notes Offering

Redwood Trust Prices Upsized $200 Million Convertible Senior Notes Offering

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Offering of Convertible Senior Notes Due 2027

Redwood Trust Announces Offering of Convertible Senior Notes Due 2027

Redwood Trust, Inc. (NYSE:RWT ) Q1 2022 Results Conference Call April 28, 2022 5:00 PM ET Company Participants Kaitlyn Mauritz - Senior Vice President of Investor Relations Christopher Abate - Chief Executive Officer Dashiell Robinson - President Brooke Carillo - Chief Financial Officer Conference Call Participants Bose George - KBW Donald Fandetti - Wells Fargo Securities Steven DeLaney - JMP Securities Douglas Harter - Credit Suisse Stephen Laws - Raymond James Eric Hagen - BTIG Kevin Barker - Piper Sandler Operator Good afternoon, and welcome to the Redwood Trust Inc., First Quarter 2022 Financial Results Conference Call. Today's conference is being recorded.

Redwood Trust, Inc. (RWT) CEO Christopher Abate on Q1 2022 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of 7.69% and 24.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Redwood Trust (RWT) Q1 Earnings and Revenues Surpass Estimates

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Strategic Acquisition of Riverbend Lending

Redwood Trust Announces Strategic Acquisition of Riverbend Lending

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

Redwood Trust Reports First Quarter 2022 Financial Results

RWT has a strong and steady dividend history with a high yield. Banking on loans and lease receivables, RWT is expected to earn strong revenue, record positive earnings, and pay high dividends.

Redwood Trust: Enjoy The High Yield, But Forget Price Growth

Redwood Trust (RWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Redwood Trust (RWT) Q1 Earnings Expected to Decline

MILL VALLEY, Calif.--(BUSINESS WIRE)--RWT Horizons, the venture investment arm of Redwood Trust, Inc. (NYSE: RWT) (“Redwood”), today announced five new investments completed during the first quarter of 2022. RWT Horizons targets early and mid-stage companies that are transforming financial and real estate technology and that have the potential to enhance scale and efficiency of Redwood's businesses. Since inception RWT Horizons has made 21 investments in 18 companies. Dwellsy, a leading online

RWT Horizons Announces Q1'22 Investment Activity

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call

Redwood Trust Announces Date of First Quarter 2022 Financial Results Webcast and Conference Call

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that Redwood Residential, its residential mortgage banking platform, has launched new expanded product offerings through its Choice program as well as a new product geared towards addressing the growing cohort of self-employed borrowers. Loans for self-employed borrowers will be uniquely structured to meet the Cons

Redwood Residential Launches New Products to Address Evolving Homeowner Needs

MILL VALLEY, Calif.--(BUSINESS WIRE)--REDWOOD TRUST ANNOUNCES CHIEF INVESTMENT OFFICER OF RWT HORIZONS; RYAN MCBRIDE TO TRANSITION INTO CHIEF INVESTMENT OFFICER ROLE FULL-TIME

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