Company: RWT-PA
Filing Date: 2025-03-03
Form Type: S-3ASR
Source: 0001104659-25-019828
Chunk: 102

Company: REDWOOD TRUST INC
Filing Date: 2025-03-03
Form: S-3ASR
Chunk 102
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 do in person, hereby ratifying and confirming
all that said attorneys-in-fact and agents, or any of them, or their or his substitutes or substitute, may lawfully do or cause to be
done by virtue hereof.

Pursuant to the requirements
of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates
indicated:

| Signature                
 /s/ Christopher J. Abate |     | Title                            
 Director and Chief Executive     
 Officer                          |     | Date          
 March 3, 2025 |
|:-------------------------|:----|:---------------------------------|:----|:--------------|
| Christopher J. Abate     |     | -Principal Executive Officer     |     |               |
| /s/ Brooke E. Carillo    |     | Chief Financial Officer          |     | March 3, 2025 |
| Brooke E. Carillo        |     | -Principal Financial Officer     
 and Principal Accounting Officer |     |               |
| /s/ Greg H. Kubicek      |     | Director, Chairman of the        
 Board                            |     | March 3, 2025 |
| Greg H. Kubicek          |     |                                  |     |               |
| /s/ Doneene K. Damon     |     | Director                         |     | March 3, 2025 |
| Doneene K. Damon         |     |                                  |     |               |
| /s/ Douglas B. Hansen    |     | Director                         |     | March 3, 2025 |
| Douglas B. Hansen        |     |                                  |     |               |
| /s/ Debora D. Horvath    |     | Director                         |     | March 3, 2025 |
| Debora D. Horvath        |     |                                  |     |               |

<div align='center'>II-6</div>

| Signature                
 /s/ Armando Falcon       |     | Title                  
 Director               |     | Date          
 March 3, 2025 |
|:-------------------------|:----|:-----------------------|:----|:--------------|
| Armando Falcon           |     |                        |     |               |
| /s/ Faith A. Schwartz    |     | Director               |     | March 3, 2025 |
| Faith A. Schwartz        |     |                        |     |               |
| /s/ Georganne C. Pro