Redwood Trust Inc.

NYSE:RWT   4:00:00 PM EDT
5.67
-0.09 (-1.56%)
5:04:47 PM EDT: $5.82 +0.15 (+2.65%)
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Market Cap (Intraday)746.06M
Current PEN/A
Forward PE 10.31
2yr Forward PE 7.99
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Estimates Current Quarter
Revenue$51.49 Million
Adjusted EPS$0.08
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10-Day MA$5.75
50-Day MA$6.01
200-Day MA$6.62
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Redwood Trust Inc. Stock, NYSE:RWT

One Belvedere Place, Suite 300, Mill Valley, California 94941
United States of America
Phone: +1.415.389.7373
Number of Employees: 289

Description

Redwood Trust, Inc. is a financial company, which focuses on several distinct areas of housing credit. It operates through the following segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking segment consists of a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer into the investment portfolio. The Business Purpose Mortgage Banking segment includes the platform that originates and acquires business purpose residential loans. The Investment Portfolio segment covers the organic investments sourced through the residential and business purpose mortgage banking operations. The company was founded by George E. Bull III, Douglas B. Hansen and Frederick H. Borden on April 11, 1994 and is headquartered in Mill Valley, CA.