Redwood Trust

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Lending, Business Purpose Lending, Third-Party Investments, and Corporate. The Residential Lending segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Lending segment includes the platform that originates and acquires business purpose residential loans. The Third-Party Investments segment consists of investments in residential mortgage-backed securities (RMBS) issued by third parties, investments in Freddie Mac K-Series multifamily loan securitizations and SLST reperforming loan securitizations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Redwood Trust navigates market challenges, eyes growth opportunities in Q4

Redwood Trust demonstrated resilience and strategic focus in Q4 2022 amidst market challenges, emphasizing risk management and capital optimization.
Strong performance in investment portfolios, capital efficiency improvements, and interest income stability position the company for growth.
Challenges include market volatility, tightened spreads, and competition in BPL originations, requiring ongoing strategic navigation.
Opportunities lie in Wells Fargo's exit, capital allocation flexibility, and potential returns in residential mortgage banking and investment avenues.

Redwood Trust reports positive Q1 earnings amidst sector challenges

Redwood Trust delivered a solid Q1 performance with positive earnings and a focus on efficiency and financial discipline. The company's strengths lie in its strategic portfolio growth, stable credit performance, and commitment to risk management.
Challenges include regulatory pressures, potential dividend cuts, and uncertainties in the financial sector landscape. However, opportunities exist in leveraging market changes, optimizing expenses, and pursuing growth in lending segments.
Overall, Redwood Trust's performance reflects resilience and adaptability in a dynamic market environment. The company's proactive approach to risk management, expense control, and growth strategies positions it well for future success.

Redwood Trust excels in Q2, eyes bank partnerships for growth

Redwood Trust's Q2 earnings call highlighted a strong performance, strategic focus on bank partnerships, and growth opportunities in residential and bridge businesses. The company faces challenges in capital allocation and risk management but is well-positioned to leverage its strengths and seize opportunities for future growth.

Redwood Trust faces challenges but closes key deals in Q3

Redwood Trust navigated challenges from market transitions and reported a decrease in GAAP book value and negative net income in Q3. Despite this, the company closed significant securitization deals and launched the Aspire home equity investment platform. Redwood's focus on risk-minded growth and capital optimization positions them well for future opportunities in the evolving mortgage sector.

Redwood Trust reports robust Q4 performance and eyes jumbo market growth

Redwood Trust's Q4 earnings call highlighted strong performance, capital strength, growth opportunities, and challenges in market dynamics. The company's focus on residential mortgage banking, jumbo market share, and securitization transactions positions them for continued growth. Executives are optimistic about scaling jumbo production and leveraging partnerships with banks for capital deployment.

Redwood Trust reports robust Q1 performance and eyes market expansion

Redwood Trust's Q1 performance reflects strong financial health and growth prospects, driven by increased net interest income and strategic partnerships.
The company's focus on efficient capital deployment, strong gain-on-sale margins, and market stability through seller relationships positions it well for future success.
While facing challenges in managing extensions and competitive dynamics, Redwood Trust has opportunities to capitalize on market trends and partnerships for sustained growth.

Redwood Trust reports solid Q3 earnings amidst market challenges

Redwood Trust's Q3 performance reflects financial stability, growth in key metrics, and strong revenue streams in the mortgage banking segment.
While facing challenges such as credit risks and market uncertainties, the company's strategic strengths in dividend increases and business progress offer resilience.
Opportunities in jumbo loan securitization, market growth, and strategic decision-making present avenues for future expansion and value creation.

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Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.

Does Redwood Trust (RWT) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Redwood Trust (RWT)

MILL VALLEY, Calif., June 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Chris Abate, Chief Executive Officer, along with other members of Redwood's senior management team, will participate in a fireside chat moderated by Stephen Laws, Director, Equity Research, Raymond James on Tuesday, June 29, 2021 at 8:00am Pacific Time.

Redwood Trust To Participate In A Non-Agency Market Trends Webcast Featuring Chief Executive Officer, Chris Abate

MILL VALLEY, Calif., June 10, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT) today announced that its Board of Directors authorized a 13% increase in the company's quarterly common stock dividend to $0.18 per share for the second quarter of 2021, up from $0.16 per share for the first quarter of 2021.

Redwood Trust Announces Dividend Increase Of 13% For The Second Quarter Of 2021

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Redwood Trust (RWT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Redwood Trust (RWT) Upgraded to Strong Buy: Here's Why

MILL VALLEY, Calif., May 7, 2021 /PRNewswire/ -- Redwood Trust, Inc.  (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced that Brooke Carillo will join Redwood to serve as its next Chief Financial Officer.

Redwood Trust Announces Expansion Of Leadership Team

Redwood Trust, Inc. (RWT) CEO Christopher Abate on Q1 2021 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of 48.15% and 5.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Redwood Trust (RWT) Beats Q1 Earnings and Revenue Estimates

MILL VALLEY, Calif., April 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended March 31, 2021.

Redwood Trust Reports First Quarter 2021 Financial Results

MILL VALLEY, Calif., April 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced the Redwood Employee Home Access Program ("the Redwood Benefit"), a mortgage insurance benefits program for its workforce that supports employees seeking a path to homeownership.

Redwood Trust to Offer Mortgage Insurance Reimbursement as an Employee Benefit, Encourages Others to Do Same

MILL VALLEY, Calif., April 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced a minority preferred equity investment in Churchill Finance ("Churchill"), a vertically-integrated real estate finance company based in New York, NY.

Redwood Trust To Expand Business Purpose Lending Pipeline Through Strategic Investment

DENVER, April 19, 2021 /PRNewswire/ -- Liquid Mortgage announced today it has raised capital from and entered into a strategic partnership with Redwood Trust (NYSE: RWT).  The capital raise and partnership are the culmination of a months-long engagement, in which Redwood Trust tested Liquid Mortgage's technology and developed an actionable strategy to build a future-ready mortgage ecosystem.

Liquid Mortgage Raises Seed Round Funding to Further Develop Its Blockchain Technology for the Future of the Mortgage Industry

MILL VALLEY, Calif., April 19, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced an investment in Liquid Mortgage, a patent-pending startup that provides life-of-loan infrastructure to digitize, track documentation, facilitate payments, and record additional information on a blockchain.

Redwood Trust Supports Digitization Of The Mortgage Ecosystem Through Blockchain Technology Investment

MILL VALLEY, Calif., April 16, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leader in expanding access to housing for homebuyers and renters, today announced a business update for the quarter ended March 31, 2021 in advance of its upcoming financial results conference call.

Redwood Trust Provides Company Update And Announces Date Of First Quarter 2021 Financial Results Webcast And Conference Call

MILL VALLEY, Calif., March 30, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Faith A.

Redwood Trust Announces The Appointment Of Faith Schwartz And Armando Falcon To Its Board Of Directors

MILL VALLEY, Calif., March 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced two technology investments under its recently launched RWT Horizons venture, a strategy focused on early and mid-stage companies driving innovation in financial and real estate technology, and digital infrastructure.

Redwood Trust Announces First Technology Investments Under Its Recently Launched RWT Horizons Venture Investing Strategy

MILL VALLEY, Calif., March 10, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) today announced that its Board of Directors authorized the declaration of a 14% increase in the company's regular quarterly common stock dividend to $0.16 per share for the first quarter of 2021, up from $0.14 per share for the fourth quarter of 2020.

Redwood Trust Announces Dividend Increase Of 14% For The First Quarter Of 2021

MILL VALLEY, Calif., March 4, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT) a leader in expanding access to housing for homebuyers and renters, today announced that Chris Abate, Chief Executive Officer, along with other members of Redwood's senior management team, will participate...

Redwood Trust To Participate In Morgan Stanley's State Of The Housing Market Webcast

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Wallace Weitz (Trades, Portfolio), leader of Weitz Investment Management, disclosed this week that his firm's top five trades during the fourth quarter of 2020 included position reductions in Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) and Redwood Trust Inc. (NYSE:RWT) and boosts in three positions: Aon PLC (NYSE:AON), Fidelity National Information Services Inc. (NYSE:FIS) and CarMax Inc. (NYSE:KMX).

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Redwood Trust, Inc. (RWT) CEO Chris Abate on Q4 2020 Results - Earnings Call Transcript

Redwood Trust (RWT) delivered earnings and revenue surprises of 23.81% and -19.20%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Redwood Trust (RWT) Q4 Earnings Beat Estimates

Shares of Redwood Trust (NYSE:RWT) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 6.67% year over year to $0.42, which beat the estimate of $0.34.

Recap: Redwood Trust Q4 Earnings

MILL VALLEY, Calif., Feb. 10, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2020. Key Financial Results and Metrics GAAP net income was $54...

Redwood Trust Reports Fourth Quarter 2020 Financial Results

MILL VALLEY, Calif., Jan. 28, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE: RWT), a leading innovator in housing credit investing, today announced tax information regarding its dividend distributions for 2020. Shareholders should check the tax statements they receive from their...

Redwood Trust Announces Dividend Distribution Tax Information for 2020

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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

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