Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 98

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 98
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(In Thousands)Securitized TermSecuritized BridgeSecuritized TermSecuritized BridgeNet market valuation gains (losses) recorded$14,053 $(8,285)$11,113 $(1,180)Fair value of loans transferred to HFI— 126,613 — 187,933 The following tables summarize the characteristics of securitized and unsecuritized residential investor loans at June 30, 2025 and December 31, 2024.Table 8.4 – Characteristics of Residential Investor Loans June 30, 2025Unsecuritized TermSecuritized Term(1)Unsecuritized Bridge Securitized Bridge(1)(Dollars in Thousands)Unpaid principal balance$200,916 $2,399,197 $1,056,296 $928,171 Average UPB of loans2,208 2,809 4,959 1,351 Fair value of loans174,808 2,270,878 949,264 944,217 Weighted average coupon6.95 %5.31 %9.22 %9.49 %Weighted average remaining loan term (years)9411Market value of loans pledged as collateral under debt facilities$115,742 N/A$897,085 N/ADelinquency informationUnpaid principal balance of loans with 90+ day delinquencies (2)$77,396 $169,697 $196,370 $38,203 Average UPB of 90+ days delinquent loans (2)9,674 3,857 12,273 1,819 Fair value of loans with 90+ day delinquencies (2)46,477 N/A139,780 N/AUnpaid principal balance of loans in foreclosure (3)— 17,111 77,221 24,769 Average UPB of loans in foreclosure (3)— 3,422 12,870 1,078 Fair value of loans in foreclosure (3)— N/A58,005 N/A

29

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaudited) Note 8. Residential Investor Loans - (continued)

December 31, 2024Unsecuritized TermSecuritized Term(1)Unse