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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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28.07.26 - 13:03
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Redwood Trust Reports Second Quarter Financial Results; Mortgage Banking Production Exceeds $8 Billion for Second Consecutive Quarter (Business Wire)
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MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended June 30, 2026.
Second Quarter 2026 Highlights
On a consolidated basis, GAAP net loss was $(0.03) per basic and diluted common share. Non-GAAP Earnings Available for Distribution ("EAD") was $0.15 per share(1), and non-GAAP Core Segments EAD was $0.25(2)
Variability between consolidated GAAP and EAD results primarily reflects changes in portfolio valuations
Mortgage Banking(3) production exceeded $8 billion for the second consecutive quarter, the second highest quarterly volume in the Company's history and nearly double the same period last year
Total Mortgage Banking(3) GAAP net income increased 9% from the first quarter 2026; eighth consecutive quarter of 20%+ Return on Capital ("ROC") for our Mortgage Banking platforms(4)(6)
Adopted a deliberat...
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14.07.26 - 17:03
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Redwood Trust Announces Date of Second 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 second quarter 2026 results on Tuesday, July 28, 2026, before the open of the New York Stock Exchange. In addition, Redwood's senior management team plans to hold a conference call to discuss its second quarter 2026 financial results that same morning at 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time.Webcast InformationThe conference call will be webcast live in listen-only mode through the News & Events section of Redwood Trust's Investor Relations website at https://www.redwoodtrust.com/investor-relations/news-events/events. To listen to the webcast, please go to Redwood's website at least 15 minutes before the call to register and to download and install any needed audio software. An audio replay of the call will also be available on Redwood's website following the call.Conference Call InformationT...
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