Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 97

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 97
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see Note 3 for a full description of these loans). The following table summarizes the classifications and carrying values of the residential investor loans owned at Redwood and at consolidated CAFL entities at December 31, 2024 and 2023.

F- 39

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2024Note 8. Residential Investor Loans - (continued)

Table 8.1 – Classifications and Carrying Values of Residential Investor LoansDecember 31, 2024Residential Investor TermResidential Investor Bridge(In Thousands)RedwoodCAFLRedwoodCAFLTotalHeld-for-sale at fair value$158,637 $— $78,587 $— $237,224 Held-for-investment at fair value— 2,485,069 1,041,694 823,103 4,349,866 Total Residential Investor Loans$158,637 $2,485,069 $1,120,281 $823,103 $4,587,090 December 31, 2023Residential Investor TermResidential Investor Bridge(In Thousands)RedwoodCAFLRedwoodCAFLTotalHeld-for-sale at fair value$144,359 $— $35,891 $— $180,250 Held-for-investment at fair value— 2,971,725 1,305,727 762,596 5,040,048 Total Residential Investor Loans$144,359 $2,971,725 $1,341,618 $762,596 $5,220,298 Nearly all of the outstanding residential investor term loans at December 31, 2024 were first-lien, fixed-rate loans with original maturities of three, five, seven, or ten years.The outstanding residential investor bridge loans held-for-investment at December 31, 2024 were first-lien, interest-only loans with original maturities of six to 36 months and were comprised of 53% one-month SOFR-indexed adjustable-rate loans, and 47% fixed-rate loans.At December 31, 2024, we had a $397 million in commitments to fund residential investor bridge loans. See Note 18 for additional information on these commitments. During the year ended December 31, 2024, we sold $789 million, of residential investor