Company: RWT-PA
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000930236-25-000020
Chunk: 60

Company: REDWOOD TRUST INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 60
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 activities658,757 350,287 Cash Flows From Financing Activities:Proceeds from issuance of asset-backed securities1,625,956 1,190,500 Repayments on asset-backed securities issued(564,436)(307,870)Proceeds from borrowings on debt obligations3,122,514 1,319,111 Repayments on debt obligations(2,823,608)(1,598,935)Debt issuance costs paid(3,779)(2,778)Taxes paid on equity award distributions(2,361)(815)Net proceeds from issuance of common stock110 130 Dividends paid on common stock(25,350)(22,110)Dividends paid on preferred stock(1,750)(1,750)Net cash provided by financing activities1,327,296 575,483 Net increase (decrease) in cash, cash equivalents and restricted cash33,548 (28,401)Cash, cash equivalents and restricted cash at beginning of period 312,927 368,788 Cash, cash equivalents and restricted cash at end of period$346,475 $340,387 Cash and cash equivalents at end of period 259,918 275,394 Restricted cash at end of period (1)86,557 64,993 Cash, cash equivalents and restricted cash at end of period $346,475 $340,387 

6

REDWOOD TRUST, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

(In Thousands)(Unaudited)Three Months Ended March 31,20252024Supplemental Cash Flow Information:Cash paid during the period for: Interest$230,529 $168,578  Taxes paid (refunded)12 (425)Supplemental Noncash Information:Dividends declared but not paid on preferred stock1,478 1,478 Retention of mortgage servicing rights from loan sales— 75 Transfers from loans held-for-sale to loans held-for-investment1,771,471 1,284,529 Transfers from residential consumer loans to real estate owned4,590 1,846 Right-of-use asset obtained in exchange for operating lease liability2,907 — 

(1)Restricted cash primarily includes cash held at our consolidated Servicing Investment entities, and cash associated with our risk-sharing transactions, as well as cash