Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 276

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 276
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 However, we do not elect to report any of these financial assets or liabilities on a net basis, and instead present them on a gross basis on our consolidated balance sheets. Refer to Note 3 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2024 for additional information regarding our master netting arrangements.The following table presents financial assets and liabilities that are subject to master netting arrangements or similar agreements categorized by financial instrument, together with the corresponding financial instruments and corresponding collateral received or pledged at June 30, 2025 and December 31, 2024.Table 14.1 – Offsetting of Financial Assets, Liabilities, and CollateralGross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in Consolidated Balance SheetNet Amounts of Assets (Liabilities) Presented in Consolidated Balance SheetGross Amounts Not Offset in Consolidated Balance Sheet (1)Net AmountJune 30, 2025 (In Thousands)Financial InstrumentsCash Collateral (Received) PledgedAssets (2)Swaptions$124,517 $— $124,517 $(10,519)$(84,950)$29,048 TBAs61,249 — 61,249 (27,082)(18,615)15,552 Interest rate futures19,877 — 19,877 (19,877)— — Total Assets$205,643 $— $205,643 $(57,478)$(103,565)$44,600 Liabilities (2)Interest rate agreements$(10,519)$— $(10,519)$10,519 $— $— TBAs(27,082)— (27,082)27,082 — — Interest rate futures(30,379)— (30,379)19,877 10,502 — Loan warehouse debt(397,337)— (397,337)397,337 — — Total Liabilities$(465,317)$— $(465,317)$454,815 $10,502 $— 

41

REDWOOD TRUST, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS June 30, 2025(Unaudited) Note 14. Offsetting Assets and Liabilities - (continued)

Gross Amounts of Recognized Assets (