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RWT-PA| Name | Value |
|---|---|
| Revenues | 43.0M |
| Cost of Revenue | 10.3M |
| Gross Profit | 32.7M |
| Operating Expense | 32.0M |
| Operating I/L | 155.0M |
| Other Income/Expense | -152.1M |
| Interest Income | 179.0M |
| Pretax | 3.0M |
| Income Tax Expense | -1.0M |
| Net Income/Loss | 4.6M |
Redwood Trust, Inc. is a specialty finance company in the United States, operating through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The company acquires residential loans for sale, securitization, or transfer to its investment portfolio, and offers derivative financial instruments for risk management. It also originates and acquires business purpose loans for securitization or sale, and invests in various securities and loans related to residential and small-balance multifamily properties. As a real estate investment trust (REIT), it aims to distribute at least 90% of its taxable income as dividends to shareholders.
