Company: RWT-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000930236-25-000037
Chunk: 83

Company: REDWOOD TRUST INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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eld-for-investment at fair value— 8,819,554 1,244,722 10,064,276 Total Residential Consumer Loans$1,013,547 $8,819,554 $1,244,722 $11,077,823 At September 30, 2025, we owned mortgage servicing rights associated with $2.4 billion (principal balance) of residential consumer loans that were purchased from third-party originators. The value of these MSRs is included in the carrying value of the associated loans on our consolidated balance sheets. We contract with licensed sub-servicers that perform servicing functions for these loans. Refer to Note 16 for further information on our consolidated VIEs.At September 30, 2025, we had $4.0 billion in commitments to fund residential consumer loans. See Note 13 for additional information on these commitments.

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

Residential Consumer Loans Held-for-SaleThe following table summarizes the characteristics of residential consumer loans held-for-sale at September 30, 2025 and December 31, 2024.Table 7.2 – Characteristics of Residential Consumer Loans Held-for-SaleSeptember 30, 2025Unsecuritized Jumbo LoansSecuritized Re-Performing Loans (1)(Dollars in Thousands)UPB$2,394,909 $1,447,610 Fair value of loans$2,455,559 $1,248,236 Market value of loans pledged as collateral under short-term borrowing agreements$2,437,510 N/AWeighted average coupon6.84 %4.49 %Delinquency informationUPB of loans with 90+ day delinquencies$439 $97,615 Average 90+ days delinquent balance (UPB)439 167 UPB of loans in foreclosure— 34,709 Average foreclosure balance (UPB)— 187 December 31, 2024Unsecuritized Jumbo Loans(Dollars in Thousands)UPB$1,000,663 Fair value of loans$1,013,547 Market value of loans pledged as collateral under short-term borrowing agreements$1,005,926 Weighted average coupon6.56