Company

Redwood Trust, Inc.

Headquarters: Mill Valley, CA, United States

Employees: 298

CEO: Mr. Christopher J. Abate

NYSE: RWT +0.35%

Market Cap

$852.4 Million

USD as of July 1, 2024

Market Cap History

Redwood Trust, Inc. market capitalization over time

Evolution of Redwood Trust, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Redwood Trust, Inc.

Detailed Description

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California.

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Stocks & Indices

Redwood Trust, Inc. has the following listings and related stock indices.


Stock: NYSE: RWT wb_incandescent

Stock: FSX: R2V wb_incandescent

Details

Headquarters:

One Belvedere Place

Suite 300

Mill Valley, CA 94941

United States

Phone: 415-389-7373