secwatch.observer — SEC 8-K summary
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Issuer:     REDWOOD TRUST INC (RWT)
CIK:        0000930236
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0000930236-25-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Redwood Trust Reports Q4 2024 Results: GAAP Book Value $8.46, Non-GAAP EAD $0.13 Per Share
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- GAAP net loss attributable to common stockholders of $(8.4) million or $(0.07) per share for Q4 2024.
- Non-GAAP Earnings Available for Distribution (EAD) of $18.4 million or $0.13 per basic common share.
- Declared and paid a regular quarterly dividend of $0.18 per share, a 5.9% increase from Q3 2024.
- Sequoia mortgage banking locked $2.3 billion of loans; CoreVest funded $501 million in Q4 2024.
- Full-year 2024 economic return on book value of 5.7% and recourse leverage ratio improved to 2.4x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930236/000093023625000003/0000930236-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930236/000093023625000003/rwt-20250213.htm
  HTML page:      https://secwatch.observer/filing/0000930236-25-000003

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