Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 17

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 17
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443,684 6.8 %$188,141 $5,157,645 7.3 %Real estate securities (3)34,658 373,258 18.6 %17,029 189,654 18.0 %Other interest income24,767 1,017,410 4.9 %31,342 1,302,510 4.8 %Total interest income$556,430 $18,477,773 6.0 %$430,157 $14,355,633 6.0 %Interest ExpenseABS issued  Sequoia (2)(261,360)10,242,603 (5.1)%(133,195)5,529,610 (4.8)%  SLST (re-performing loans) (2)(25,071)1,398,380 (3.6)%(27,591)1,234,882 (4.5)%  CAFL Term (2)(58,064)2,076,372 (5.6)%(65,825)2,509,053 (5.2)%  CAFL Bridge (2)(25,219)792,732 (6.4)%(18,701)701,361 (5.3)%ABS issued$(369,714)$14,510,087 (5.1)%$(245,312)$9,974,906 (4.9)%Debt Facilities(104,043)2,854,041 (7.3)%(98,667)2,355,133 (8.4)%Corporate Debt(32,704)736,214 (8.9)%(28,299)689,624 (8.2)%Other ABS (2)(8,193)423,403 (3.9)%(8,376)389,245 (4.3)%Total interest expense$(514,654)$18,523,745 (5.6)%$(380,654)$13,408,908 (5.7)%Net Interest Income$41,776 $49,503 

(1)Average balances for residential consumer loans, residential investor loans, and trading securities are calculated based upon carrying values, which represent fair values. Average balances for AFS securities, debt facilities, corporate debt and certain