Company: RWT-PA
Filing Date: 2025-11-19
Form Type: 8-A12B
Source: 0001104659-25-113832
Chunk: 5

Company: REDWOOD TRUST INC
Filing Date: 2025-11-19
Form: 8-A12B
Chunk 5
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 4.9*   |     | Form of 9.500% Senior Notes due 2030 (included as Exhibit A to the Seventh Supplemental Indenture, filed as Exhibit 4.8 hereto)                                                                                                                                               |

| * | Filed herewith. |

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of Section 12
of the Securities Exchange Act of 1934, Redwood Trust, Inc. has duly caused this registration statement to be signed on its behalf
by the undersigned thereto duly authorized.

| Date: November 19, 2025 | REDWOOD TRUST, INC. |                                |
|:------------------------|:--------------------|:-------------------------------|
|                         | By:                 | /s/ Brooke E. Carillo          |
|                         |                     | Name: Brooke E. Carillo        |
|                         |                     | Title: Chief Financial Officer |