Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 324

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 324
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, 2025June 30, 2024Mortgage Banking Activities, NetResidential consumer loans held-for-sale$6,460 $460 $6,920 $9,032 Residential consumer LPCs8,635 30,139 38,774 1,419 Residential investor term loans held-for-sale4,560 5,815 10,375 5,661 Residential investor term loan IRLCs— 1,115 1,115 111 Residential investor bridge loans3,573 1,032 4,605 2,054 Trading securities (1)(38,645)(29,327)(67,972)11,122 Risk management derivatives, net48,135 17,842 65,977 (6,788)Total mortgage banking activities, net (2)32,718 27,076 59,794 22,611 Investment Fair Value Changes, NetResidential investor term loans held-for-sale(9,489)(42)(9,531)(1,337)Residential investor bridge loans held-for-investment(57,998)(22,839)(80,837)(17,210)Real estate securities(1,117)(4,107)(5,224)5,945 Servicer advance investments(1,825)(1,353)(3,178)10,977 Excess MSRs(1,144)(1,190)(2,334)(2,613)Net investments in Sequoia entities (3)(18,095)(12,569)(30,664)9,600 Net investments in SLST (re-performing loans) entities (3)(175)29,121 28,946 (1,407)Net investments in CAFL entities (3)(3,600)439 (3,161)17,742 Other investments (4)(8,252)(13,279)(21,531)(5,687)Risk management derivatives, net16,984 20,631 37,615 6,925 Total investment fair value changes, net(84,711)(5,188)(89,899)22,935 HEI income, NetUnsecuritized HEI(14,306)7,136 (7,170)17,806 Net investments in HEI securitization entities (3)1,225 2,935 4