{"schema_version":"secwatch.filing_event.v1","accession":"0000930236-23-000026","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.074562+00:00","generated_at":"2026-06-13T02:00:37.041718+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 Q2 GAAP net income $1M, book value $9.26; EAD $0.14/sh; Oaktree JV","bullets":["GAAP net income $1M ($0.00 diluted EPS); Non-GAAP EAD $16M ($0.14 basic); book value $9.26, down 1.5% from Q1.","Jumbo loan lock volume $567M, purchases $184M; Residential Mortgage Banking capital allocation raised to $80M from $15M.","Formed JV with Oaktree for up to $1B bridge loans; funded $406M business purpose loans, sold $200M.","Repurchased $31M convertible debt due Aug 2023, reducing balance to $113M, to be fully repaid at maturity.","90+ day delinquency on CAFL/bridge loan portfolios rose to 4.2% from 2.0% quarter-over-quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000930236-23-000026","json":"https://secwatch.observer/filing/0000930236-23-000026.json","markdown":"https://secwatch.observer/filing/0000930236-23-000026.md","text":"https://secwatch.observer/filing/0000930236-23-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000026/0000930236-23-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000026/rwt-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:00:37.041718+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":"400af3d64ea9f02cacd1f6042beb16571b61bc82","claim":"REDWOOD TRUST INC reported quarter ended June 30, 2023 results: net income $1 million, EPS $0.00.","evidence_excerpt":"GAAP net income available to common stockholders of $1 million or $0.00 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000093023623000026/0000930236-23-000026-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Net income","value":"$1 million"},{"label":"EPS","value":"$0.00"},{"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"}