Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 92

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 92
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aleThree Months Ended June 30,Six Months Ended June 30,(In Thousands)2025202420252024Principal balance of loans acquired$2,976,206 $1,874,201 $5,313,391 $2,873,987 Principal balance of loans sold841,238 5,563 1,261,751 207,144 Principal balance of loans transferred from HFS to HFI2,049,465 1,424,026 3,673,365 2,611,987 

24

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaudited) Note 7. Residential Consumer Loans - (continued)

Residential Consumer Loans Held-for-Investment at Fair ValueWe invest in residential subordinate securities issued by Securitized Jumbo and Securitized Re-Performing Loans securitization trusts and consolidate the underlying residential consumer loans owned by these entities for financial reporting purposes in accordance with GAAP. During the three months ended June 30, 2025 we transferred our Securitized Re-Performing Loans to Held-for-Sale. The following tables summarize the characteristics of the securitized jumbo residential consumer loans at June 30, 2025 and December 31, 2024.Table 7.4 – Characteristics of Residential Consumer Loans Held-for-InvestmentJune 30, 2025Securitized Jumbo Loans(Dollars in Thousands)UPB$12,013,426 Average loan balance (UPB)$875 Fair value of loans (1)$11,587,062 Weighted average coupon5.44 %Delinquency informationUnpaid principal balance of loans with 90+ day delinquencies (2)$31,322 Average 90+ days delinquent balance (UPB)712 Unpaid principal balance of loans in foreclosure15,503 Average foreclosure balance (UPB)646 December 31, 2024Securitized Jumbo LoansSecuritized Re-Performing Loans(Dollars in Thousands)UPB$9,350,286 $1,514,432 Average loan balance (UPB)$842 $155 Fair value of loans (1)$8,819,554 $1,244,722 Weighted average coupon5.35 %4.49 %Delinquency informationUn