{"schema_version":"secwatch.filing_event.v1","accession":"0000930236-26-000016","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.947888+00:00","generated_at":"2026-05-15T02:37:46.279841+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Redwood Trust Q1 GAAP loss $0.07/sh; record $8.5B mortgage banking production","bullets":["GAAP net loss of $(0.07) per share; Non-GAAP EAD $0.21 per share covers $0.18 dividend.","Mortgage banking production record $8.5B (up 16% QoQ) driven by Sequoia locks $6.5B.","GAAP book value per share $7.12, down from $7.36 at Dec 31; economic return (0.8)%.","Sequoia mortgage banking net income $37.8M; CoreVest had $5M severance costs.","New JV with Castlelake L.P. for up to $8B jumbo loan purchases; Aspire inaugural non-QM securitization."],"urls":{"canonical":"https://secwatch.observer/filing/0000930236-26-000016","json":"https://secwatch.observer/filing/0000930236-26-000016.json","markdown":"https://secwatch.observer/filing/0000930236-26-000016.md","text":"https://secwatch.observer/filing/0000930236-26-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000093023626000016/0000930236-26-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000093023626000016/rwt-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:37:46.279841+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":"bb241086b470ce0294fc755deda384b4fb03c4ff","claim":"REDWOOD TRUST INC reported quarter ended March 31, 2026 results: net income $(7.3) million, EPS $(0.07) per basic and diluted common share.","evidence_excerpt":"GAAP net loss of $(7.3) million or $(0.07) per basic and diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930236/000093023626000016/0000930236-26-000016-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2026"},{"label":"Net income","value":"$(7.3) million"},{"label":"EPS","value":"$(0.07) per basic and 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"}