Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 96

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 96
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,208,677 N/A$1,703,442 N/ANet market valuation gains (losses) recorded(7,658)(11,158)106,380 11,132 (1)Represents the transfer of loans from held-for-sale to held-for-investment associated with Sequoia securitizations.

F- 38

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2024Note 7. Residential Consumer Loans - (continued)

Residential Consumer Loan CharacteristicsThe following table presents the geographic concentration of residential consumer loans recorded on our consolidated balance sheets at December 31, 2024 and 2023.Table 7.6 – Geographic Concentration of Residential Consumer Loans December 31, 2024Geographic Concentration(by Principal Balance)                      Held-for-SaleHeld-for-Investment at SequoiaHeld-for-Investment at Freddie Mac SLSTCalifornia26 %31 %14 %Washington12 %8 %2 %Texas8 %10 %3 %Colorado6 %6 %1 %Florida5 %7 %10 %Illinois3 %2 %6 %New Jersey2 %2 %7 %New York1 %2 %11 %Maryland— %1 %5 %Other states (none greater than 5%)37 %31 %41 %Total100 %100 %100 % December 31, 2023Geographic Concentration(by Principal Balance)                      Held-for-SaleHeld-for-Investment at SequoiaHeld-for-Investment at Freddie Mac SLSTCalifornia25 %33 %14 %Washington16 %7 %2 %Texas8 %11 %3 %Florida7 %5 %10 %Colorado4 %7 %1 %New Jersey2 %1 %7 %Illinois2 %3 %5 %New York1 %2 %11 %Maryland1 %2 %5 %Other states (none greater than 5%)34 %29 %42 %Total100 %100 %100 %

Note 8. Residential Investor Loans

We originate and invest in residential investor loans, including term loans and bridge loans (