Summary
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.
History
Founded in 1994, Redwood Trust is a real estate investment trust (REIT) that is focused on delivering value through innovative products, services and investments in mortgages. The company invests in a variety of high-yielding loans, including jumbo loans, conforming loans, and other mortgage-related investments.
Mission
Redwood Trust’s mission is to deliver measurable returns for its shareholders and clients through the strategic investment of capital in mortgages and mortgage related investments.
Vision
Their vision is to become the premier source of quality mortgage investments on the secondary market by leveraging their extensive industry knowledge, extensive relationships, and commitment to innovation.
Key Team
Mr. Collin Lee Cochrane CPA (Chief Accounting Officer)
Mr. Andrew P. Stone (Exec. VP, Chief Legal Officer & Sec.)
Ms. Sasha G. Macomber (Chief Human Resource Officer)
Ms. Carlene A. Graham (Chief Operating Officer)
Mr. Fred J. Matera (MD, Head of Residential & Chief Investment Officer)
Mr. J. Thomas Richardson (Chief Technology Officer)
Kaitlyn Mauritz (Sr. VP & Head of Investor Relations)
Recognition and Awards
Redwood Trust has earned numerous awards for its investments and innovation initiatives, including the prestigious Morningstar and HFMA Investment Award for excellence in Mortgage Banking.
References
United States 