Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 292

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 292
---
 and operations, including the repurchase of shares of our capital stock.At June 30, 2025, we had outstanding agreements on debt obligations with several counterparties and we were in compliance with all of the related covenants. Refer to Note 3 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2024 for additional information regarding these investments. Refer to Note 17 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2024 for additional information regarding our debt obligations.The following tables summarize our debt obligations at June 30, 2025 and December 31, 2024.Table 18.1 – Debt Obligations, NetJune 30, 2025(Dollars in Thousands)Number of Facilities or Issuances Principal AmountCarrying Value (1)Facility CapacityWeighted Average Interest Rate (2)Final Stated MaturityCarrying Value of CollateralShort-Term Facilities:Residential consumer loan warehouse facilities8$1,264,287 $1,264,287 $2,956,740 6.19 %7/2025-6/2026$1,349,510 Residential investor loan warehouse facilities4350,799350,6681,150,000 7.16 %7/2025-6/2026479,164Real estate securities repurchase facilities457,41057,410— 5.76 %7/202577,118Real estate securities repurchase facilities IO135,38835,38875,000 7.45 %6/202690,020Residential MSR warehouse facility185,43885,438125,000 7.57 %10/2025193,198HEI warehouse facility189,93889,938150,000 8.83 %12/2025170,544Recourse Subordinate Securities Financing:CAFL securities (3)1265,097264,202N/A7.56 %9/2028330,340Sequoia and other third-party securities (3)192,50092,500N/A7.27 %6/2027118,277Long-Term Facilities:Residential investor loan warehouse facilities3353,557352,1661,030,000 8.14 %7/2026-4/2027533,