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04.11.26 - 03:15
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Redwood Trust (RWT) Lags Q3 Earnings Estimates (Zacks)
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Redwood Trust (RWT) delivered earnings and revenue surprises of -18.18% and +8.95%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?...
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03.11.26 - 22:21
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Redwood Trust Plans C-Corporation Conversion and Preferred-for-Common Stock Exchange Offer at a Premium (Business Wire)
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Planned C-Corporation Conversion Estimated to Increase GAAP Book Value Per Share by $0.73-$0.77 in the Fourth Quarter of 2026, with Additional Benefits to Support Long-Term Growth
Exchange Offer Intended to Provide Income-Oriented Common Stockholders with a High Dividend Preferred Stock Investment Option
Exchange Offer Accretive to Book Value and Earnings Per Share
Company Adopts Tax Benefits Preservation Rights Plan to Protect Valuable Tax AssetsMILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood”, “we”, “us” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has unanimously approved a plan to discontinue the Company's election to be treated as a real estate investment trust for U.S. federal income tax purposes (“REIT”) and convert to a taxable C-corporation, effective for the calendar year ending December 31, 2027 (the “C-corporation Conversion”).
Redwood ...
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13.10.26 - 23:15
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Redwood Trust Announces Date of Third Quarter 2026 Financial Results Webcast and Conference Call (Business Wire)
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MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its third quarter 2026 results on Tuesday, November 3, 2026, after the close of the New York Stock Exchange. In addition, Redwood's senior management team plans to hold a conference call to discuss its third quarter 2026 financial results that same afternoon at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time.
“Against the backdrop of the sharpest quarterly selloff in the 10-year Treasury yield in 32 years, Redwood managed its mortgage pipeline and liquidity decisively, distributing more than $8 billion of mortgage loans through securitizations and whole loan sales during the third quarter, and ended September with approximately $190 million of cash and cash equivalents,” said Christopher Abate, Chief Executive Officer of Redwood Trust. “Additionally, we remain focused on proactively managing our capital...
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11.09.26 - 06:06
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Redwood Trust Prices Upsized $185.0 Million Convertible Senior Notes Offering (Business Wire)
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MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that it priced $185,000,000 aggregate principal amount of its 7.00% convertible senior notes due 2030 (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 including, the date the Notes are first issued, up to an additional $20,000,000 principal amount of Notes. The Notes will be senior unsecured obligations of Redwood. The offering is expected to close on September 15, 2026, subject to the satisfaction of certain closing condi...
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10.09.26 - 13:03
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Redwood Trust Announces Offering of Convertible Senior Notes Due 2030 (Business Wire)
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MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood 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 2030 (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 principal amount of Notes. The Notes will be senior unsecured obligations of Redwood. The interest rate and offering price are to be determined by negotiations between Redwood and the initial purchasers of the Notes.Redwood intends to use a portion of the net proceeds ...
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10.09.26 - 13:03
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Redwood Trust Announces Third Quarter 2026 Common and Preferred Dividends (Business Wire)
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MILL VALLEY, Calif.--(BUSINESS WIRE)--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 (the “Board”) has declared third quarter 2026 common and preferred stock dividends.Common Stock DividendThe Board has authorized the declaration of a third quarter 2026 regular common stock dividend of $0.18 per share, unchanged from the second quarter of 2026. This marks the Company's 109th consecutive quarterly common dividend. The third quarter 2026 common stock dividend is payable on September 30, 2026 to stockholders of record on September 23, 2026.Preferred Stock DividendIn accordance with the terms of Redwood's 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock (“Series A”), the Board authorized the declaration of a Series A dividend for the third quarter of 2026 of $0.625 per share. Dividends for the Series A are payable on October 15, 2026 to stockhold...
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