Specialty finance company Redwood Trust, Inc - a Real Estate Investment Trust (REIT) - operates in the United States through three segments, namely the Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. Its Residential Mortgage Banking arm operates a mortgage loan conduit, acquiring residential loans for subsequent sale, securitisation or transfer to its investment portfolio while also offering derivative financial tools to mitigate risks associated with residential loans. The Business Purpose Mortgage Banking unit originates business purpose loans, such as single-family rental and bridge loans for securitisation, sale or subsequent transfer into its investment portfolio. The company's Investment Portfolio unit invests in securities retained from residential and business purpose securitisation activities, among other housing-related investments. Established in 1994 in Mill Valley, California, Redwood Trust, Inc. intends to distribute at least 90% of its taxable income as dividends to shareholders.
Redwood Trust's ticker is RWT
The company's shares trade on the NYSE stock exchange
They are based in Mill Valley, California
There are 51-200 employees working at Redwood Trust
It is redwoodtrust.com
Redwood Trust is in the Financial sector
Redwood Trust is in the REIT - Diversified industry
The following five companies are Redwood Trust's industry peers:
- Montage Resources Corporation