Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 87

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 87
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373 HEI550,436 — — 550,436 Other investments:Servicer advance investments225,345 — — 225,345 MSRs24,877 — — 24,877 Excess MSRs37,367 — — 37,367 Strategic investments3,193 — — 3,193 Derivative assets14,212 952 1,742 11,518 Total Assets$13,679,446 $952 $1,742 $13,676,752 LiabilitiesABS issued$9,151,263 $— $— $9,151,263 Derivative liabilities33,828 30,414 — 3,414 Non-controlling interest59,752 — — 59,752 Total Liabilities$9,244,843 $30,414 $— $9,214,429 

F- 32

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2024Note 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 years ended December 31, 2024.Table 6.2 – Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis AssetsResidential ConsumerLoansResidential InvestorLoansConsolidated Agency Multifamily LoansReal Estate Trading SecuritiesReal Estate AFS SecuritiesHEIServicer Advance InvestmentsExcess MSRsMSRs/Strategic Investments/Other(In Thousands)Beginning balance - December 31, 2023$7,050,637 $5,220,297 $425,285 $40,424 $87,373 $550,436 $225,345 $37,367 $28,070 Acquisitions7,120,201 19,746 — 117,502 117,280 — — — 2,061 Originations— 1,681,723 — — — 2,043 — — — Sales(1,667,513)(1,236,441)— (2,833)— — — — — Principal paydowns(1,458