secwatch.observer — SEC 8-K summary
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Issuer:     REDWOOD TRUST INC (RWT)
CIK:        0000930236
Form:       8-K
Filed at:   2026-07-28T11:00:24+00:00
Accession:  0000930236-26-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Redwood Trust Q2 GAAP net loss $0.03/sh; mortgage banking production exceeds $8B
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- GAAP net loss of $(2.9)M ($0.03/sh); non-GAAP EAD $0.15/sh, Core Segments EAD $0.25/sh.
- Mortgage banking production >$8B for second straight quarter, nearly double YoY; total platforms GAAP net income $40.1M (+9% QoQ).
- Book value per share fell to $6.90 from $7.12; economic return (0.6)%; dividend maintained at $0.18/sh.
- Sequoia locked $5.6B loans, Aspire record $2.1B; completed three securitizations in one week.
- Closed $500M warehouse facility for Castlelake JV; total excess warehouse capacity $3.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930236/000093023626000024/0000930236-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930236/000093023626000024/rwt-20260728.htm
  HTML page:      https://secwatch.observer/filing/0000930236-26-000024

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