Company: RWT-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000930236-25-000037
Chunk: 229

Company: REDWOOD TRUST INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 229
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 — — 297,683 Strategic investments3,460 — — 3,460 Derivative assets46,003 16,446 23,738 5,819 Total Assets$17,431,664 $16,446 $23,738 $17,391,480 LiabilitiesABS issued$12,879,530 $— $— $12,879,530 Derivative liabilities23,660 23,164 — 496 Non-controlling interest99,510 — — 99,510 Total Liabilities$13,002,700 $23,164 $— $12,979,536 

18

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS September 30, 2025(Unaudited) Note 6. Fair Value of Financial Instruments - (continued)

The following table presents additional information about Level 3 assets and liabilities measured at fair value on a recurring basis for the nine months ended September 30, 2025.Table 6.2 – Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring BasisAssetsResidential Consumer LoansResidential InvestorLoansConsolidated Agency Multifamily LoansHEIReal Estate Trading SecuritiesReal Estate AFS SecuritiesServicing InvestmentsStrategic InvestmentsDerivatives, net (1)(In Thousands)Beginning balance - December 31, 2024$11,077,823 $4,587,090 $424,597 $589,785 $193,749 $211,474 $297,683 $3,460 $5,323 Acquisitions9,186,044 43,804 — — 46,475 182,850 — — — Originations— 1,419,506 — 8,986 — — — — — Sales(2,090,189)(1,620,187)— (262,447)(31,839)(102,378)— — — Transfer to fair value option— — — — — — — 1,150 — Principal paydowns(1,703,261)(1,059,564)(430,230)(26,796)(447)(15,309)(8,067)—