{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-036938","form_type":"8-K","ticker":"RWT","cik":"0000930236","company_name":"REDWOOD TRUST INC","filed_at":"2025-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.866647+00:00","generated_at":"2026-05-23T09:55:28.726615+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Redwood Trust Q1 2025 jumbo lock volumes surge 73% to $4B; estimated book value up 1-1.5% since March 31","bullets":["Estimated GAAP book value per share as of April 21, 2025 up 1% to 1.5% from $8.39 at March 31, 2025.","Jumbo lock volumes reached $4 billion in Q1 2025, a 73% increase from prior quarter and highest since Q3 2021.","Annualized ROE for the flow production segment was 28% in Q1 2025, with margins above historical target range.","Reorganized mortgage banking under three brands: Sequoia (QM correspondent), Aspire (non-QM + HEI), and CoreVest (housing investor lending).","Cites potential policy shifts at GSEs as creating a greenfield opportunity for private-label Redwood platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-036938","json":"https://secwatch.observer/filing/0001104659-25-036938.json","markdown":"https://secwatch.observer/filing/0001104659-25-036938.md","text":"https://secwatch.observer/filing/0001104659-25-036938.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930236/000110465925036938/0001104659-25-036938-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930236/000110465925036938/tm2512784d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T09:55:28.726615+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"}