Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 11

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 7A
Chunk 11
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 %5.63 %4.99 %4.42 %2.76 %0.81 %Debt Facilities and Other FinancingPrincipal1,545,998 664,042 110,791 268,240 — — 2,589,071 2,818,293 Interest Rate6.56 %7.52 %7.87 %7.54 %N/AN/A

101

Quantitative Information on Market Risk        Principal Amounts Maturing and Effective Rates During YearDecember 31, 2024(Dollars in Thousands)20252026202720282029ThereafterPrincipalBalanceFairValueInterest Rate Sensitive Liabilities (continued)Corporate DebtPrincipal$136,433 $225,000 $247,170 $— $145,000 $139,500 $893,103 $839,829 Interest Rate8.01 %8.40 %7.93 %8.10 %8.10 %7.10 %

(1)    As we generally expect our loans held-for-sale to be sold within one year, we have only presented principal amounts and effective rates through 2024.

(2)    The fair value of fixed-rate senior securities are primarily interest-only securities, for which there is no principal at December 31, 2024.

(3)    Our CAFL entities include four bridge loan securitizations with a cumulative outstanding ABS issued balance of $765 million at December 31, 2024. Two of the securitizations have revolving features that ended in 2024 and have final maturities in 2029, one has a revolving feature that ends in 2025 and has a final maturity in 2030, and one has one has a revolving feature that ends in 2027 and has a final maturity in 2031. While the table above presents the repayment of this debt in 2029, 2030, and 2031 upon the legal maturity dates, the ABS issued may be paid down earlier based on the actual paydown of collateral included in the securitization at the end of each securitization's respective revolving period.