Company: RWT-PA
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000930236-25-000007
Chunk: 95

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 16
Chunk 95
---
1,244,722 Weighted average coupon5.35 %4.49 %Delinquency informationUnpaid principal balance of loans with 90+ day delinquencies (2)$19,480 $106,910 Average 90+ days delinquent balance (UPB)$573 $172 Unpaid principal balance of loans in foreclosure$10,493 $41,913 Average foreclosure balance (UPB)$552 $185 December 31, 2023Freddie Mac(Dollars in Thousands)SequoiaSLSTUPB$5,398,913 $1,614,974 Average loan balance (UPB)$757 $157 Fair value of loans (1)$4,780,203 $1,359,242 Weighted average coupon4.15 %4.50 %Delinquency informationUnpaid principal balance of loans with 90+ day delinquencies (2)$13,023 $132,307 Average 90+ days delinquent balance (UPB)$482 $166 Unpaid principal balance of loans in foreclosure$5,234 $47,654 Average foreclosure balance (UPB)$436 $163 (1)The fair value of the loans held by consolidated entities was based on the fair value of the ABS issued by these entities, including securities we own, which we determined were more readily observable, in accordance with the accounting guidance for collateralized financing entities.(2)For loans held at consolidated entities, the number and unpaid principal balance of loans 90+ days delinquent includes loans in foreclosure.(3)For loans held at our consolidated SEMT and Freddie Mac SLST entities, market value changes are based on the fair value of the associated ABS issued, including securities we own, pursuant to the measurement alternative provided for collateralized financing entities, and are recorded in Investment fair value changes, net on our consolidated statements of income (loss). The following table provides the activity of residential consumer loans held-for-investment at consolidated entities during the years ended December 31, 2024 and 2023. Table 7.5 – Activity of Residential Consumer Loans Held-for-Investment at Consolidated EntitiesYear Ended December 31, 2024Year Ended December 31, 2023Freddie MacFreddie Mac(In Thousands)SequoiaSLSTSequoiaSLSTPrincipal balance of loans transferred from HFS to HFI (1)$5