{"schema_version":"secwatch.filing_event.v1","accession":"0000930236-23-000019","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.910350+00:00","generated_at":"2026-06-16T11:02:21.589436+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Redwood Trust Q1 GAAP EPS $0.02, EAD $0.11, book value $9.40, dividend $0.23","bullets":["GAAP net income $0.02 per diluted share; non-GAAP EAD $0.11 per basic share; GAAP book value $9.40, down 1.6% from Q4 2022.","Declared and paid regular quarterly dividend of $0.23 per common share.","Unrestricted cash $404M (106% of marginable debt); recourse leverage ratio 2.3x.","Funded $438M business purpose loans; sold $230M to third parties; distributed $686M jumbo loans via securitizations.","Repurchased $33M of convertible debt due Aug 2023; raised $70M from preferred equity offering in January."],"urls":{"canonical":"https://secwatch.observer/filing/0000930236-23-000019","json":"https://secwatch.observer/filing/0000930236-23-000019.json","markdown":"https://secwatch.observer/filing/0000930236-23-000019.md","text":"https://secwatch.observer/filing/0000930236-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000019/0000930236-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000019/rwt-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T11:02:21.589436+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":"5491faef10af65cc36a871cced44c075f1747e29","claim":"REDWOOD TRUST INC reported the first quarter ended March 31, 2023 results: net income $0.02 per diluted common share.","evidence_excerpt":"REDWOOD TRUST REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS MILL VALLEY, CA – 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 first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000019/0000930236-23-000019-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Net income","value":"$0.02 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"}