Company: RWT-PA
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000930236-25-000020
Chunk: 14

Company: REDWOOD TRUST INC
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 14
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Three Months Ended March 31,20252024(Dollars in Thousands)Interest Income/ (Expense) Average    Balance (1)YieldInterest Income/ (Expense) Average    Balance (1)YieldInterest IncomeResidential consumer loans  Unsecuritized $15,726 $966,777 6.5 %$9,343 $574,683 6.5 %Securitized - Sequoia (2)132,882 9,540,373 5.6 %62,976 5,271,733 4.8 %Securitized - SLST (re-performing loans) (2)13,735 1,237,704 4.4 %14,616 1,341,498 4.4 %Total residential consumer loans$162,343 $11,744,854 5.5 %$86,935 $7,187,914 4.8 %Residential investor loansUnsecuritized - Term2,625 160,895 6.5 %3,573 219,297 6.5 %Unsecuritized - Bridge22,064 1,124,335 7.8 %30,468 1,301,042 9.4 %Securitized - Term34,506 2,463,520 5.6 %40,753 2,905,126 5.6 %Securitized - Bridge18,960 798,273 9.5 %20,241 771,294 10.5 %Total residential investor loans$78,155 $4,547,023 6.9 %$95,035 $5,196,759 7.3 %Real estate securities (3)18,537 406,215 18.3 %6,280 154,043 16.3 %Other interest income13,059 959,546 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,