Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 253

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 253
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 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 informationUnpaid principal balance of loans with 90+ day delinquencies (2)$19,480 $106,910 Average 90+ days delinquent balance (UPB)$573 $172 Unpaid principal balance of loans in foreclosure$10,493 $41,913 Average foreclosure balance (UPB)$552 $185 (1)The fair value of the loans held by consolidated entities was based on the fair value of the ABS issued by these entities, including securities we own, which we determined were more readily observable, in accordance with the accounting guidance for CFEs, and are recorded in Investment fair value changes, net on our consolidated statements of income (loss). (2)For loans held at consolidated entities, the number and unpaid principal balance of loans 90+ days delinquent includes loans in foreclosure. 

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REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaud