RWT dividend history
Redwood Trust Inc. (RWT) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Castlelake and Redwood Trust Announce Strategic Joint Venture to Purchase up to $8 Billion of Prime Jumbo Mortgage LoansMINNEAPOLIS and MILL VALLEY, Calif., April 29, 2026 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment firm specializing in asset-based private credit, and Redwood Trust Inc. (NYSE:RWT) ("Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced the formation of a strategic joint venture designed to support the continued growth of Redwood's Sequoia platform and provide Castlelake with programmatic purchasing power for fully documented prime jumbo mortgage loans. The joint venture contemplates purchasing up to $8 billion of Sequoia-sourced prime jumbo loans, with flexibility to scale as opportunities emerge, i
- Redwood Trust Announces First Quarter 2026 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared first quarter 2026 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2026 regular common stock dividend of $0.18 per share, unchanged from the fourth quarter of 2025. This marks the Company's 107th consecutive quarterly common dividend. The first quarter 2026 common stock dividend is payable on March 31, 2026 to stockholders of record on March 24, 2026. Preferred Stock Dividend In accordance with the terms of Redwood'
- Redwood Trust Announces Dividend Distribution Tax Information for 2025Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2025. Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here. Set forth in this press release are Redwood's expectations with respect to the treatment of the Company's 2025 dividend distributions for federal income tax purposes. Shareholders should consult their tax advisors to determine the amount of taxes that should be paid on Redwo
- KBW Announces Index Rebalancing for Fourth-Quarter 2025NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2025. This quarter, there are constituent changes within six of our indexes: KBW Nasdaq Insurance Index (Index Ticker: KIX), KBW Nasdaq Regional Banking Index (Index Ticker: KRX, ETF Ticker: KBWR), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY), KBW Nasdaq Property and Casualty Ins
- Redwood Trust Announces Fourth Quarter 2025 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared fourth quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a fourth quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the third quarter of 2025. This marks the Company's 106th consecutive quarterly common dividend. The fourth quarter 2025 common stock dividend is payable on December 30, 2025 to stockholders of record on December 23, 2025. Preferred Stock Dividend In accordance with the terms of Redw
- Redwood Trust Announces Third Quarter 2025 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared third quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a third quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the second quarter of 2025. This marks the Company's 105th consecutive quarterly common dividend. The third quarter 2025 common stock dividend is payable on September 30, 2025 to stockholders of record on September 23, 2025. "We are approaching record operating volumes across our bus
- Redwood Trust Prices Reopening of $50 Million of 7.75% Convertible Senior Notes Due 2027Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")) today announced that it has priced the offering of $50 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the "Notes") to certain investors in a direct placement registered under the Securities Act of 1933, as amended. The Notes will be issued as a reopening of, and will be part of the same series as, the 7.75% convertible senior notes due 2027 that the Company originally issued in June 2022 (the "Initial Notes") and the 7.75% convertible senior notes due 2027 that the Company issued in October 2024 (the "Initial Additional Notes" and, together with the Initial Notes, the "Existing Notes"). Currently
- Redwood Trust Launches Reopening of $50 Million of 7.75% Convertible Senior Notes Due 2027Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")) today announced that it plans to offer, subject to market and other conditions, $50 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the "Notes") in a direct placement registered under the Securities Act of 1933, as amended. The Notes will be issued as a reopening of, and will be part of the same series as, the 7.75% convertible senior notes due 2027 that the Company originally issued in June 2022 (the "Initial Notes") and the 7.75% convertible senior notes due 2027 that the Company issued in October 2024 (the "Initial Additional Notes" and, together with the Initial Notes, the "Existing Notes"). C
- Redwood Trust Announces Upsized Common Stock Repurchase Authorization to $150 MillionRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors has upsized the Company's authorization to repurchase common stock to $150 million. This stock repurchase authorization has no time limit and may be modified, suspended or discontinued at any time. The Board of Directors also continued its previous authorization for the repurchase of outstanding preferred stock and corporate debt securities. "The Board's decision to increase our share repurchase capacity to $150 million reflects our strong conviction in the intrinsic value of our stock, the strength of our operating pl
- Redwood Trust Announces Second Quarter 2025 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared second quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a second quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the first quarter of 2025. This marks the Company's 104th consecutive quarterly common dividend. The second quarter 2025 common stock dividend is payable on June 30, 2025 to stockholders of record on June 23, 2025. Preferred Stock Dividend In accordance with the terms of Redwood'
- Redwood Trust Announces First Quarter 2025 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared first quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the fourth quarter of 2024. This marks the Company's 103rd consecutive quarterly common dividend. The first quarter 2025 common stock dividend is payable on March 31, 2025 to stockholders of record on March 24, 2025. Preferred Stock Dividend In accordance with the terms of Redwood's 10
- Redwood Trust Announces Dividend Distribution Tax Information for 2024Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2024. Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here. Set forth in this press release are Redwood's expectations with respect to the treatment of the Company's 2024 dividend distributions for federal income tax purposes. Shareholders should consult their tax advisors to determine the amount of taxes that should be paid on Redwo
- Redwood Trust Announces Key Updates to Residential Consumer Operating PlatformsExpansion of Aspire's investment mandate Update of Redwood's Sequoia brand Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, is pleased to announce updates to its residential consumer operating platforms that reflect the Company's continued commitment to innovation and growth in housing finance. First, Redwood is expanding the mandate of its home equity platform, Aspire, to include a set of alternative loan products that complement its existing home equity offerings. The broadened mandate is designed to meet growing consumer demand for flexible financing solutions in a period of continued headwinds to overa
- Redwood Trust Announces Common Dividend Increase of 5.9% to $0.18 Per Share for the Fourth Quarter 2024Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared fourth quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a fourth quarter 2024 regular common stock dividend of $0.18 per share, a 5.9% increase from the third quarter of 2024. This marks the Company's 102nd consecutive quarterly common dividend and 2nd consecutive quarter of common dividend increases. The fourth quarter 2024 common stock dividend is payable on December 30, 2024 to stockholders of record on December 23, 2024
- Fred Matera Promoted to Chief Executive Officer of CoreVestCoreVest American Finance Lender, LLC ("CoreVest"), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. ("Redwood"), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as CoreVest's Co-Head for the last year and has been an integral part of Redwood's leadership team since 2019. In his new role, Fred will continue to report to Dash Robinson, Redwood's President. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031081671/en/Fred Matera Promoted to Chief Executive Officer of CoreVest (Photo: Business Wire) As
- Redwood Trust Announces New Hires to Drive Advancements in Technology and Growing Non-Agency OpportunitiesRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company")), a leader in expanding access to housing for homebuyers and renters, is excited to announce the hiring of two key leaders to strengthen its commitment to innovation in technology and product development, strategic initiatives that are central to Redwood's mission of making quality housing – whether rented or owned – accessible to all American households. Abhinav Asthana joins the company as Chief Technology Officer, effective November 1st. With a distinguished track record of driving progress in mortgage technology, Abhinav will lead the Company's efforts to enhance its product offerings through an expansion of its digital capabil
- Redwood Trust Prices Reopening of $40 Million of 7.75% Convertible Senior Notes Due 2027Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))) today announced that it priced approximately $40 million aggregate principal amount of its 7.75% convertible senior notes due 2027 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be issued as a reopening of, and will be part of the same series as, the 7.75% convertible senior notes due 2027 that the Company originally issued in June 2022 (the "Initial Notes"), of which $207,410,000 aggregate principal amount is currently outstanding. While the Notes will initially trade u
- Redwood Trust Announces Common Dividend Increase of 6.25% to $0.17 Per Share for the Third Quarter 2024Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared third quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a third quarter 2024 regular common stock dividend of $0.17 per share, a 6.25% increase from the second quarter of 2024. This marks the Company's 101st consecutive quarterly common dividend. The third quarter 2024 common stock dividend is payable on September 30, 2024 to stockholders of record on September 23, 2024. "We are pleased to announce an increase in our common
- Redwood Trust Declares Second Quarter 2024 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared second quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a second quarter 2024 regular common stock dividend of $0.16 per share. This marks the Company's 100th consecutive quarterly common dividend. The second quarter 2024 common stock dividend is payable on June 28, 2024 to stockholders of record on June 21, 2024. Preferred Stock Dividend In accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset Cumula
- Redwood Trust and CPP Investments Announce $750 Million Strategic Capital PartnershipCreates Long-Term Alignment Between Two Leading Investment Managers Provides Accretive Financing Capacity to Support Growth of Redwood's Market-Leading Operating Platforms Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, and Canada Pension Plan Investment Board ("CPP Investments"), through subsidiaries of CPPIB Credit Investments Inc., today announced a $750 million strategic capital partnership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240319990631/en/ The partnership consists of a newly formed $500 million Asset Joint Venture and a $250
- Redwood Trust Hosts Investor Day and Celebrates 30th AnniversaryRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, announced that it will host its Investor Day on Tuesday, March 19, 2024, from 2:00 pm Eastern Time to 5:00 pm Eastern Time. In addition to outlining the Company's long-term vision and strategic outlook, the event will commemorate Redwood's 30th anniversary. The agenda will feature members of Redwood's Board and senior management team as well as an array of guest panelists covering key industry topics including the regulatory environment for banks, the expanded importance of private capital in housing finance, and the role for home equity products in supporting ho
- Redwood Trust Declares First Quarter 2024 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared first quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2024 regular common stock dividend of $0.16 per share. This marks the Company's 99th consecutive quarterly common dividend. The first quarter 2024 common stock dividend is payable on March 28, 2024 to stockholders of record on March 21, 2024. Preferred Stock Dividend In accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset Cumulati
- Redwood Trust Announces Dividend Tax Information for 2023Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2023. Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here. Set forth in this press release are Redwood's expectations with respect to the treatment of the Company's 2023 dividend distributions for federal income tax purposes. Shareholders should consult their tax advisors to determine the amount of taxes that should be paid on Redw
- Redwood Trust Declares Fourth Quarter 2023 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared fourth quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a fourth quarter 2023 regular common stock dividend of $0.16 per share. This marks the Company's 98th consecutive quarterly common dividend. The fourth quarter 2023 common stock dividend is payable on December 28, 2023 to stockholders of record on December 20, 2023. Preferred Stock Dividend In accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset
- Point and Redwood Trust Issue $139 Million Home Equity Investment Rated SecuritizationPalo Alto, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Point, the leading home equity investment platform making homeownership more valuable and accessible, and Redwood Trust, Inc. (NYSE:RWT, "Redwood"))), a leader in expanding access to housing for homebuyers and renters, announced today they have completed the first rated securitization of Point's Home Equity Investment ("HEI") assets, issuing approximately $139 million of rated asset-backed securities (the "Transaction"). The Transaction represents the second HEI-backed securitization that Point and Redwood have completed together, having issued the first-ever securitization backed entirely by HEIs in 2021. The Transaction closed on
- Redwood Trust Declares Third Quarter 2023 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared third quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a third quarter 2023 regular common stock dividend of $0.16 per share. This marks the Company's 97th consecutive quarterly common dividend. The third quarter 2023 common stock dividend is payable on September 29, 2023 to stockholders of record on September 22, 2023. Preferred Stock Dividend In accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset
- Redwood Trust Announces Launch of Home Equity Investment PlatformNewly Launched Aspire Seeks to Leverage Redwood's Extensive Mortgage Banking Network, Offering Consumers Transformational Access to Home Equity Redwood Trust, Inc. (NYSE:RWT) ("Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today formally announced the launch of Aspire, its in-house home equity investment ("HEI") origination platform. HEI provides consumers access to their home equity with no additional monthly payment obligations. Aspire significantly expands Redwood's reach in the residential housing market, providing access to one of the largest addressable markets in the United States — residential home equity. Through Aspire, Redwood
- CoreVest Commercial Mortgage Special Servicer Ranking Confirmed from DBRS MorningstarCoreVest American Finance Lender, LLC ("CoreVest", the "Company"), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. ("Redwood Trust"), announced today that DBRS Morningstar confirmed the Company's MOR CS3 commercial mortgage special servicer ranking which had been initially assigned in June 2022. The rating further acknowledges CoreVest's successful performance in loan management. DBRS Morningstar highlights that CoreVest has an "experienced professional" asset management team and "solid track record and expertise overseeing permanent and transitional (bridge) small-to-midsize income-producing residential loans and real estate involving
- Redwood Trust Declares Second Quarter 2023 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared second quarter 2023 common and preferred stock dividends. "Consistent with the commentary we provided during our first quarter 2023 earnings call, we believe the Board's decision to align the common dividend with our anticipated near-to-medium term earnings profile enhances our ability to capitalize on growth opportunities across our businesses and is supported by our robust liquidity position," said Christopher Abate, Chief Executive Officer of Redwood. "We remain committed to maintaining a
- Redwood Trust and Oaktree Announce Joint Venture to Invest in Business Purpose Bridge LoansNewly-Formed Investment Vehicle to Drive Further Growth in CoreVest's Top-Tier Bridge Lending Platform in Partnership with Leading Global Investment Manager Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced the formal launch of a joint venture ("JV") between Redwood and funds managed by Oaktree Capital Management, L.P. ("Oaktree") to invest in business purpose bridge loans originated by CoreVest American Finance Lender ("CoreVest"), a division of Redwood. Total equity commitment to the JV – funded 80% by Oaktree and 20% by Redwood – has the potential to finance over $1 billion of newly-origin
- Redwood Trust Declares First Quarter 2023 Common and Preferred DividendsRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the "Board") has declared first quarter 2023 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2023 regular common stock dividend of $0.23 per share. This marks the Company's 95th consecutive quarterly dividend. The first quarter 2023 common stock dividend is payable on March 31, 2023 to stockholders of record on March 24, 2023. Preferred Stock Dividend In accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset Cumulative Redeemab
- Redwood Trust Announces Dividend Distribution Tax Information for 2022Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2022. Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here. Set forth in this press release are Redwood's expectations with respect to the treatment of the Company's 2022 dividend distributions for federal income tax purposes. Shareholders should consult their tax advisors to determine the amount of taxes that should be paid on Redwo
- Redwood Trust Announces Dividend of $0.23 Per Share for the Fourth Quarter of 2022Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a fourth quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 94th consecutive quarterly dividend. The fourth quarter 2022 dividend is payable on December 28, 2022 to stockholders of record on December 20, 2022. About Redwood Redwood Trust, Inc. (NYSE:RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing s
- Redwood Trust and LauraMac Collaborate on Innovative Loan Acquisition TechnologyDENVER and MERCER ISLAND, Wash., Oct. 12, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT) ("Redwood"), a leader in expanding access to housing for homebuyers and renters, and LauraMac, a modern SaaS technology provider to the mortgage capital markets, have announced their collaborative development on a new loan acquisition technology to be used by Redwood and their clients. Built on the foundation of the LauraMac Loan Acquisition System ("LAS"), the Redwood technology instance has been specifically tailored to their unique loan process as well as their priority to providing an exceptional client experience. "Redwood has built their loan acquisition business around great products and a gr
- Redwood Trust Announces Dividend of $0.23 Per Share for the Third Quarter of 2022Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a third quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 93rd consecutive quarterly dividend. The third quarter 2022 dividend is payable on September 30, 2022 to stockholders of record on September 23, 2022. About Redwood Redwood Trust, Inc. (NYSE:RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing s
- Redwood Trust Announces $125 Million Common Stock Repurchase ProgramRedwood Trust, Inc. (NYSE:RWT) ("Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors has authorized the repurchase of up to $125 million of common stock. This stock repurchase program, which replaces the $100 million common stock repurchase program approved by the Board of Directors in 2018, has no time limit and may be modified, suspended or discontinued at any time. The Board of Directors also continued its previous authorization for the repurchase of outstanding corporate debt securities. "Today's announcement follows active use of our previous share repurchase program in the second quarter of 2022 w
- CoreVest Completes $313 Million Single-Family Rental SecuritizationCoreVest American Finance Lender LLC ("CoreVest"), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc., today announced that it has closed a $313 million securitization ("CAFL 2022-1") backed by its single-family rental ("SFR") loans. The transaction represents CoreVest's second securitization in 2022, 19th SFR securitization and 21st overall securitization. Liquid Mortgage, Inc. ("Liquid Mortgage") will serve as distributed ledger agent for this securitization, utilizing blockchain technology to report loan level payment activity daily that ultimately makes loan data reporting and delivery faster and more efficient. The Liquid Mortgage te
- CoreVest Receives Inaugural Commercial Mortgage Special Servicer Ranking from DBRS MorningstarCoreVest American Finance Lender, LLC ("CoreVest"), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc., announced today that it received a MOR CS3 commercial mortgage special servicer ranking from DBRS Morningstar. This is CoreVest's first special servicer ranking. DBRS Morningstar highlights "CoreVest's successful performance" in managing loans over the past few years and adds further that CoreVest "is positioned with the requisite capabilities to serve directly as a special servicer for its loan products and issued transactions." "We are very pleased to receive this ranking for our special servicing capabilities," said Beth O'Brien, Chi
- Redwood Trust Announces Dividend of $0.23 Per Share for the Second Quarter Of 2022Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a second quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 92nd consecutive quarterly dividend. The second quarter 2022 dividend is payable on June 30, 2022 to stockholders of record on June 23, 2022. About Redwood Trust Redwood Trust, Inc. (NYSE:RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing seg
- Redwood Trust Prices Upsized $200 Million Convertible Senior Notes OfferingRedwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that it priced $200,000,000 aggregate principal amount of its 7.75% convertible senior notes due 2027 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The aggregate principal amount of the offering was increased from the previously announced offering size of $150,000,000. Redwood granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and includi
- Redwood Trust Announces Offering of Convertible Senior Notes Due 2027Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced that it plans to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2027 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Redwood expects to grant the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $22,500,000 p
- RWT Horizons Announces Q1'22 Investment ActivityRWT Horizons, the venture investment arm of Redwood Trust, Inc. (NYSE:RWT) ("Redwood"), today announced five new investments completed during the first quarter of 2022. RWT Horizons targets early and mid-stage companies that are transforming financial and real estate technology and that have the potential to enhance scale and efficiency of Redwood's businesses. Since inception RWT Horizons has made 21 investments in 18 companies. Dwellsy, a leading online home rental platform with 13 million listings where renters can find houses, townhomes, condos, and apartments. This investment represents RWT Horizon's second investment in Dwellsy. FutureProof Technologies ("FutureProof"), an insurte
- Redwood Trust Announces Chief Investment Officer of RWT HorizonsRyan McBride to Transition Into Chief Investment Officer Role Full-Time Redwood Trust, Inc. (NYSE:RWT, "Redwood" or the "Company"))), a leader in expanding access to housing for homebuyers and renters, today announced Ryan McBride will transition full-time to the role of Chief Investment Officer of RWT Horizons, the venture arm of Redwood that targets early stage companies transforming financial and real estate technology. This transition is effective immediately and McBride will report directly to Dash Robinson, Redwood's President. McBride originally joined the Redwood platform as part of the Company's October 2019 acquisition of CoreVest Finance, for which he has served as Chief Operat
- REDWOOD TRUST ANNOUNCES DIVIDEND OF $0.23 PER SHARE FOR THE FIRST QUARTER OF 2022MILL VALLEY, Calif. , March 14, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT, ", Redwood", or the ", Company", ))), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a first quarter 2022 regular common stock dividend of $0.23 per share. This marks the Company's 91st consecutive quarterly dividend. The first quarter 2022 dividend is payable on March 31, 2022 to stockholders of record on March 24, 2022. About Redwood TrustRedwood Trust, Inc. (NYSE:RWT) is a specialty finance comp
- Redwood Trust Announces Dividend Distribution Tax Information for 2021MILL VALLEY, Calif., Jan. 27, 2022 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today announced tax information regarding its dividend distributions for 2021. Shareholders should check the tax statements they receive from their brokerage firms to confirm the Redwood dividend distribution information reported in those statements conforms to the information reported here. Set forth in this press release are Redwood's expectations with respect to the treatment of our 2021 dividend distributions for federal in
- Purlin Closes Seed Round and Announces Strategic Relationship With Douglas EllimanLOS ANGELES, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Purlin Co. (www.purlin.com) announced today that New Valley Ventures, the property technology investment vehicle of Douglas Elliman Inc. (NYSE:DOUG), along with Redwood Trust Inc. (NYSE:RWT), through its strategic venture investment platform, RWT Horizons, and angel investors, affiliated with the Band of Angels, have invested a combined $1.5 million in the AI-driven real estate and fintech start-up. Alongside the investment, Douglas Elliman announced that it had signed an agreement under which Purlin's technology will power systems used by their 6,600 agents and 46,000 annual clients. "Purlin is a core component of our strategy to use techno
- Redwood Trust announces Dividend Increase Of 9.5% To $0.23 Per Share For The Fourth Quarter Of 2021MILL VALLEY, Calif., Dec. 07, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized a 9.5% increase in the company's quarterly common stock dividend to $0.23 per share for the fourth quarter of 2021, up from $0.21 per share for the third quarter of 2021. This is the company's 90th consecutive quarterly dividend. The fourth quarter 2021 dividend is payable on December 28, 2021 to stockholders of record on December 17, 2021. "We are pleased to close out thi
- Redwood Trust Announces RWT Horizons Investment In An Innovative Platform Focused On Digitizing The Due-Diligence Review Process, CanopyMILL VALLEY, Calif., Oct. 14, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today announced an investment in Canopy Financial Technology Partners ("Canopy") a consumer finance due diligence and third-party review firm that leverages emerging technology to deliver services and solutions for the Residential and Business Purpose mortgage lending markets. The investment was completed through Redwood's RWT Horizons venture investment arm, which targets early and mid-stage companies transforming financial and real-estate technology.
- Redwood Trust Announces Investment In Pioneering Rental Ownership Platform, FlockMILL VALLEY, Calif., Oct. 6, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today announced the firm's investment in Flock Homes, a real estate technology startup that optimizes the rental ownership experience for individuals through an integrated platform that seamlessly and tax-efficiently converts owners into passive investors. The investment was completed through Redwood's RWT Horizons venture arm, which targets early and mid-stage companies transforming sectors like financial and real-estate technology.
- Redwood Trust Announces Pricing Of The Market's First Non-Agency Residential Mortgage-Backed Securitization Leveraging Blockchain-Based TechnologyMILL VALLEY, Calif., Sept. 22, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today announced it has priced a securitization that leverages the power of blockchain technology – a first in the non-Agency residential mortgage-backed securitization ("RMBS") market. "Today was an important step in building the infrastructure to someday have fully digitized and tokenized mortgages." The securitization, SEMT 2021-6, had an initial notional balance of $449 million and is backed by 497 jumbo residential loans.