Company: RWT-PA
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000930236-25-000020
Chunk: 137

Company: REDWOOD TRUST INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 137
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5.4 %16,490 1,325,149 5.0 %Total interest income$272,094 $17,657,638 6.2 %$204,740 $13,863,865 5.9 %Interest ExpenseABS issued  Sequoia (2)(122,624)9,044,576 (5.4)%(58,821)5,058,161 (4.7)%  SLST (re-performing loans) (2)(12,699)1,144,190 (4.4)%(13,979)1,250,286 (4.5)%  CAFL Term (2)(28,475)2,144,641 (5.3)%(33,458)2,559,795 (5.2)%  CAFL Bridge (2)(11,506)739,978 (6.2)%(9,802)714,295 (5.5)%ABS issued$(175,304)$13,073,385 (5.4)%$(116,060)$9,582,537 (4.8)%Debt Facilities(48,627)2,663,802 (7.3)%(46,235)2,232,703 (8.3)%Corporate Debt(16,155)728,381 (8.9)%(14,036)687,528 (8.2)%Other ABS(4,066)388,711 (4.2)%(4,199)390,618 (4.3)%Total interest expense$(244,152)$16,854,279 (5.8)%$(180,530)$12,893,386 (5.6)%Net Interest Income$27,942 $24,210 

(1)Average balances for residential consumer loans held-for-sale and held-for-investment, residential investor loans held-for-sale and held-for-investment, multifamily loans held-for-investment, and trading securities are calculated based upon carrying values, which represent fair values. Average balances for AFS securities, debt facilities, corporate debt and certain ABS issued are calculated based upon amortized historical cost. Average balances for ABS carried at fair value are calculated based upon fair value.

(2)Interest income and interest expense at "Sequoia", "SLST", "CAFL Term",