# Redwood Trust, Inc.

> Redwood Trust is a publicly traded, internally managed mortgage REIT connecting U.S. housing credit with private investors. Its Sequoia, Aspire and CoreVest platforms buy or originate residential loans, distribute them through securitizations, whole-loan sales and joint ventures, and supply investments for its own portfolio.

- **Founded:** 1994
- **Headquarters:** Mill Valley, United States
- **Founders:** George Bull (Co-founder; founding Chair and CEO), Doug Hansen (Co-founder; founding President and CFO), Frederick Borden (Co-founder)
- **Products:** Sequoia, CoreVest, Aspire Expanded and Aspire DSCR, Redwood Investments, RWT Horizons
- **Notable:** Launched the Sequoia RMBS program in 1997., Issued SEMT 2010-H1, described in its corporate history as the first private-label RMBS following the 2008 financial crisis., Acquired CoreVest in 2019 for approximately $490 million net of in-place asset financing.

## Products & services

- **Sequoia** — Correspondent purchases of non-agency residential mortgages, including prime jumbo, medical professional and second-lien loans; securitization and whole-loan distribution.
- **CoreVest** — Direct business-purpose financing for residential investors, including rental portfolios, bridge loans, build-for-rent and smaller multifamily properties; acquired by Redwood in 2019.
- **Aspire Expanded and Aspire DSCR** — Correspondent non-QM programs for alternative-income borrowers and residential property investors; expanded into non-QM in 2025.
- **Redwood Investments** — Portfolio of retained securitization securities and other housing credit investments sourced through Redwood platforms and third parties.
- **RWT Horizons** — Strategic early-stage investing tied to housing and finance operations; also supports internal AI and technology initiatives.

## Achievements

- Launched the Sequoia RMBS program in 1997.
- Issued SEMT 2010-H1, described in its corporate history as the first private-label RMBS following the 2008 financial crisis.
- Acquired CoreVest in 2019 for approximately $490 million net of in-place asset financing.
- Reported more than $8 billion of mortgage banking production in Q2 2026.

## Latest updates

- **2026-04** — Castlelake partnership targets up to $8 billion of prime jumbo mortgage loan purchases.
- **2026-07** — Q2 mortgage banking production exceeded $8 billion; consolidated GAAP net loss was $2.9 million.
- **2026-09** — Priced an upsized $185 million offering of 7% convertible senior notes due 2030.
- **2026-10** — On October 13, announced Q3 results for November 3, 2026; preliminary business update reported over $8 billion of Q3 mortgage distributions and about $190 million of September-end cash and equivalents.

## Links

- Website: https://www.redwoodtrust.com
- LinkedIn: https://www.linkedin.com/company/redwood-trust
- Twitter/X: https://twitter.com/redwoodtrustinc
- Facebook: https://www.facebook.com/redwoodtrustinc/

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Profile page: https://yespress.io/redwood-trust-inc
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Last updated: 2026-10-23