Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 243

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 243
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 based on the lowest level input that is significant to the fair value measurement. Our assessment of the significance of a particular input requires judgment and considers factors specific to the asset or liability being measured.Determination of Fair ValueIncluded in Note 6 to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2024 is a more detailed description of our financial instruments measured at fair value and their significant inputs, as well as the general classification of such instruments pursuant to the Level 1, Level 2, and Level 3 valuation hierarchy. At June 30, 2025, our valuation policy and processes had not changed from those described in our Annual Report on Form 10-K for the year ended December 31, 2024.The following table presents the assets and liabilities that are reported at fair value on our consolidated balance sheets on a recurring basis at June 30, 2025 and December 31, 2024, as well as the fair value hierarchy of the valuation inputs used to measure fair value.Table 6.1 – Assets and Liabilities Measured at Fair Value on a Recurring BasisJune 30, 2025Fair ValueFair Value Measurements Using(In Thousands)Level 1Level 2Level 3AssetsResidential consumer loans$14,201,893 $— $— $14,201,893 Residential investor loans4,313,935 — — 4,313,935 Consolidated Agency multifamily loans423,097 — — 423,097 HEI587,636 — — 587,636 Real estate securities:  Trading150,498 — — 150,498   AFS114,499 — — 114,499 Servicing investments298,004 — — 298,004 Strategic investments3,460 — — 3,460 Derivative assets219,797 81,125 124,518 14,154 Total Assets$20,312,819 $81,125 $124,518 $20,107,176 LiabilitiesABS issued$15,714,392 $— $— $15,714,392 Derivative liabilities68,826 57,461 10,519 846 Non-controlling interest127,612 — — 127,612 Total Liabilities$15,910,