{"schema_version":"secwatch.filing_event.v1","accession":"0000930236-26-000003","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2026-02-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.075336+00:00","generated_at":"2026-05-16T03:28:44.442094+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Redwood Trust Q4 GAAP net income $18.3M; record $7.3B platform production drives Core Segments EAD $0.33/sh","bullets":["GAAP net income $18.3M ($0.13/sh) vs Q3 loss; Core Segments EAD $43.2M ($0.33/sh).","Combined Mortgage Banking production $7.3B in Q4; full-year volume $23B (+111% YoY), record GAAP net income $146.2M.","Sequoia locks $6.8B (+8% QoQ); gain-on-sale margin 127 bps (exceeded 75-100 target).","GAAP book value $7.36; repurchased 2.7M shares for $15M; raised $100M unsecured bonds.","Legacy Investments capital allocation down to 19% from 28%; segment loss improved to $(18.6)M from $(22.2)M."],"urls":{"canonical":"https://secwatch.observer/filing/0000930236-26-000003","json":"https://secwatch.observer/filing/0000930236-26-000003.json","markdown":"https://secwatch.observer/filing/0000930236-26-000003.md","text":"https://secwatch.observer/filing/0000930236-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000093023626000003/0000930236-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000093023626000003/rwt-20260211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:28:44.442094+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}