Company: RWT-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000930236-25-000037
Chunk: 230

Company: REDWOOD TRUST INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 230
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— Consolidation of securitized bridge loans (2)— 475,326 — — — — — — — Gains (losses) in net income, net317,296 (39,391)5,633 16,521 (73,392)4,468 (7,361)1,850 80,763 Unrealized gains in OCI, net— — — — — 3,267 — — — Other settlements, net (3)(4,432)(50,823)— 174 — — — — (59,863)Ending balance - September 30, 2025$16,783,281 $3,755,761 $— $326,223 $134,546 $284,372 $282,255 $6,460 $26,223 Change in unrealized gains or (losses) for the period included in earnings for assets held at the end of the reporting period (4)$278,972 $1,569 $— $17,269 $(56,323)$6,322 $(6,247)$1,850 $26,223 LiabilitiesABS IssuedNon-controlling interest(In Thousands)Beginning balance - December 31, 2024$12,879,530 $99,510 Acquisitions6,046,604 — Sales— (46,086)Principal paydowns(2,661,532)9,707 Gains (losses) in net income (loss), net345,479 15,955 Other settlements, net— (987)Ending balance - September 30, 2025$16,610,081 $78,099 Change in unrealized gains or (losses) for the period included in earnings for liabilities held at the end of the reporting period (4)$813,558 $1,577 (1)For the purpose of this presentation, derivative assets and liabilities, which consist of loan purchase commitments, are presented on a net basis.(2)In the fourth quarter of 2024, we completed our first CAFL securitization sponsored by one of our joint ventures that we consolidate under GAAP as we are the primary beneficiary. During the nine months ended September 30, 2025, we transferred $136