{"schema_version":"secwatch.filing_event.v1","accession":"0000930236-23-000004","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.634273+00:00","generated_at":"2026-06-19T21:18:51.948494+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Redwood Trust Q4 2022 GAAP net loss $0.40/sh, book value down 6.2% to $9.55","bullets":["GAAP net loss of $0.40 per diluted share; non-GAAP EAD loss of $0.11 per basic share.","Book value per common share fell 6.2% to $9.55 from $10.18 at Sept 30, 2022.","Declared quarterly dividend of $0.23 per share, unchanged from prior quarters.","Reduced workforce by 24% in Q4; raised $70M in preferred stock offering in Jan 2023.","Recourse leverage ratio at 2.8x; closed new $150M home equity investment financing facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000930236-23-000004","json":"https://secwatch.observer/filing/0000930236-23-000004.json","markdown":"https://secwatch.observer/filing/0000930236-23-000004.md","text":"https://secwatch.observer/filing/0000930236-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000004/0000930236-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000004/rwt-20230209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:18:51.948494+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b993819997bf0b00ff3019460d859efd15d22ef0","claim":"REDWOOD TRUST INC reported the fourth quarter ended December 31, 2022 results: net income GAAP net loss of $(0.40) per diluted common share, EPS $(0.40) per diluted common share.","evidence_excerpt":"Redwood Trust, Inc. (NYSE:RWT; \"Redwood\" or the \"Company\"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the fourth quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000004/0000930236-23-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Net income","value":"GAAP net loss of $(0.40) per diluted common share"},{"label":"EPS","value":"$(0.40) per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}