{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-003630","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2025-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.855389+00:00","generated_at":"2026-05-28T01:37:26.554424+00:00","sec_items":["2.02"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Redwood Trust estimates Q4 2024 book value per share $8.40-$8.50, down ~2.75-4% QoQ","bullets":["Estimated BV per common share $8.40-$8.50, down ~2.75%-4.0% from $8.74 at Sep 30, 2024.","Q4 common dividend increased 5.9% to $0.18/share; paid Jan 2025.","Recourse leverage ratio ~2.4x-2.5x; unrestricted cash $248M at year-end.","Higher interest rates and credit-related valuation declines on bridge loans offset increased volume.","Preliminary assessment of LA wildfires indicates no material adverse impact expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-003630","json":"https://secwatch.observer/filing/0001104659-25-003630.json","markdown":"https://secwatch.observer/filing/0001104659-25-003630.md","text":"https://secwatch.observer/filing/0001104659-25-003630.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000110465925003630/0001104659-25-003630-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000110465925003630/tm253198d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:37:26.554424+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"}