Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 84

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 84
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 Derivative liabilities23,660 23,164 — 496 Non-controlling interest99,510 — — 99,510 Total Liabilities$13,002,700 $23,164 $— $12,979,536 

18

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaudited) Note 6. Fair Value of Financial Instruments - (continued)

The following table presents additional information about Level 3 assets and liabilities measured at fair value on a recurring basis for the six months ended June 30, 2025.Table 6.2 – Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring BasisAssetsResidential Consumer LoansResidential InvestorLoansConsolidated Agency Multifamily LoansHEIReal Estate Trading SecuritiesReal Estate AFS SecuritiesServicing InvestmentsStrategic InvestmentsDerivatives, net (1)(In Thousands)Beginning balance - December 31, 2024$11,077,823 $4,587,090 $424,597 $589,785 $193,749 $211,474 $297,683 $3,460 $5,323 Acquisitions5,242,364 43,037 — — 21,243 844 — — — Originations— 932,588 — 6,060 — — — — — Sales(1,212,672)(826,649)— — (12,903)(102,378)— — — Principal paydowns(1,095,924)(662,975)(4,512)(21,711)(318)(218)5,583 — — Consolidation of securitized bridge loans (2)— 306,422 — — — — — — — Gains (losses) in net income, net194,373 (54,972)3,012 13,363 (51,273)1,510 (5,262)— 39,888 Unrealized gains in OCI, net— — — — — 3,267 — — — Other settlements, net (3)(4,071)(10,606)— 139 —