Why (RWTN) Price Action Is Critical for Tactical Trading
This article provides an analysis of Redwood Trust Inc. (RWTN) using AI-generated signals for tactical trading. It highlights a neutral sentiment favoring a wait-and-see approach, with a breakout underway that could lead to higher levels if sustained. The report outlines institutional trading strategies including position trading, momentum breakout, and risk hedging, complete with entry, target, and stop loss prices.
Should You Buy Redwood Trust (RWT) After Golden Cross?
Redwood Trust, Inc. (RWT) is showing bullish signals after a "golden cross" event, where its 50-day simple moving average crossed above its 200-day simple moving average. This technical pattern, combined with RWT being a #1 (Strong Buy) on the Zacks Rank and having positive earnings revisions, suggests potential for further stock gains. The article recommends investors keep an eye on RWT due to these combined positive technical and fundamental factors.
Redwood Trust targets 30% volume growth for Sequoia in 2025 with $2B Aspire platform expansion
Redwood Trust (RWT) is aiming for significant growth in its Sequoia platform, targeting a 30% increase in volume for 2025 by expanding its $2 billion Aspire platform. This strategic move is expected to bolster the company's financial performance and market position.
JPMorgan Turns More Positive on Redwood Trust (RWT) as Loss Pressures Ease
JPMorgan upgraded Redwood Trust (RWT) to Overweight from Neutral with a $6 price target, citing easing loss pressures and a clearer path to a normalized return on equity. The company reported a strong third quarter, with CEO Christopher Abate highlighting a shift to a more scalable operating model and record loan locks. Redwood's President Dashiell Robinson noted significant growth in loan locks and market share for its Sequoia and Aspire segments.
Redwood Trust Files Prospectus for $175M Stock Offering
Redwood Trust (RWT) has filed a prospectus for a stock offering of up to $175 million, which could be used for general corporate purposes, including investments and debt repayment. This move aims to increase financial flexibility for the company.
Redwood Trust Announces Date of Second Quarter 2025 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE: RWT) is scheduled to release its second quarter 2025 financial results on Wednesday, July 30, 2025, before the open of the New York Stock Exchange. The company's senior management will also host a conference call and webcast on the same morning at 8:00 a.m. Eastern Time to discuss the results. Information for accessing the live webcast and conference call, as well as replay details, is provided for investors.
Fred Matera Promoted to Chief Executive Officer of CoreVest
CoreVest, a division of Redwood Trust, Inc., has promoted Fred Matera to Chief Executive Officer. Matera, who has been Co-Head of CoreVest for the last year and part of Redwood's leadership since 2019, will oversee CoreVest's operating strategy, product growth, and distribution. With over 30 years of experience in residential lending, Matera is expected to lead CoreVest into a new phase of growth and expansion.
Redwood Trust Announces Date of First Quarter 2024 Financial Results Webcast and Conference Call
Redwood Trust, Inc. (NYSE: RWT) announced it will release its first quarter 2024 financial results on April 30, 2024, after the market closes. The company's senior management team will host a conference call and webcast on the same day at 2:00 pm Pacific Time / 5:00 pm Eastern Time to discuss these results. Details for accessing the live webcast and a replay are provided for interested investors.
Redwood Trust announces executive compensation packages
Redwood Trust has disclosed its executive compensation packages for 2025, including equity awards and base salary adjustments for CEO Christopher J. Abate and other named executive officers. The compensation structure involves Deferred Stock Units, cash-settled Restricted Stock Units, and Performance Stock Units tied to the company's financial performance. This announcement follows recent developments including a downgrade by JPMorgan and mixed Q3 2024 earnings, as the company continues to focus on incentivizing leadership and strategic growth.
Redwood Trust to close $85M in debt offering
Redwood Trust is expected to finalize an $85 million debt offering, featuring senior notes due in 2029 with a 9% annual interest rate. The proceeds will fund its residential lending business, acquire mortgage-backed securities, and make strategic investments, or repay existing debt. This move follows similar debt issuances by other companies in the real estate space to improve cash positions or buy back notes.
Redwood Trust And CPP Investments Announce US$750 Million Strategic Capital Partnership
Redwood Trust and CPP Investments have announced a US$750 million strategic capital partnership. This collaboration includes a US$500 million Asset Joint Venture targeting over US$4 billion in loan acquisitions and a US$250 million corporate secured financing facility. The partnership aims to support Redwood's growth in housing finance and offers CPP Investments warrants to acquire Redwood common stock.
Is 8.8% Yielding Redwood Trust a No-Brainer Buy or a Stock to Avoid?
This article evaluates Redwood Trust (RWT), questioning whether its 8.8% dividend yield makes it a good investment. It differentiates mortgage REITs like Redwood Trust from property-owning REITs such as Realty Income, highlighting Redwood's volatile dividend history and its suitability for total return investors rather than those seeking reliable passive income. The author advises caution for income investors due to Redwood's complex business model and inconsistent dividend payouts.
Point, Redwood Trust issue $139M home equity investment securitization
Point and Redwood Trust closed a $139 million bond securitization backed by 1,577 home equity investment (HEI) contracts, marking their second such issuance. This financing aims to create a liquid market for rated HEI bonds, bolstering homeownership and financial health. DBRS Morningstar rated the bonds, attracting new capital sources like insurance companies to the HEI asset class.
Home equity investment firm Splitero loses main investor, $750M in committed capital
Home equity investment firm Splitero has lost its main investor, Redwood Trust, which had committed $750 million in capital out of a total of $1 billion secured. Redwood Trust launched its own in-house home equity investment origination platform called Aspire, leading to a termination of its HEI contract purchases from other parties including Splitero. Splitero, which has funded over $250 million in HEI contracts since 2021, is now seeking new investors and has temporarily stopped taking new HEI applications due to "overwhelming demand."
Redwood Trust Names New Chief Investment Officer
Redwood Trust Inc. has appointed Fred Matera as its new Chief Investment Officer, overseeing investment, capital markets, and distribution functions. This change is part of a strategic organizational evolution and coincides with the planned departure of Beth O’Brien and Christopher Hoeffel from CoreVest following the third anniversary of its acquisition by Redwood. Dash Robinson will continue to oversee both of Redwood's mortgage banking platforms.
Insiders who purchased Redwood Trust, Inc. (NYSE:RWT) earlier this year lose an additional US$88k as the stock sinks to US$8.16
Insiders of Redwood Trust, Inc. who purchased shares earlier this year at an average price of US$12.27 have seen their investment decline by US$88k to US$175k as the stock recently fell to US$8.16. Despite the losses, past insider buying at higher prices suggests a bullish outlook on the company. The article also notes that insiders own 1.0% of Redwood Trust shares, valued at US$9.8 million.
Non-QM Lenders Could Face Serious Headwinds
Non-QM lenders are facing significant challenges due to major warehouse lenders imposing funding restrictions and increasing interest rates. Flagstar Bank has implemented advance approval for Non-QM loans, leading to concerns about "haircuts" on funding advances. The article highlights that rising interest rates, recent lender closures, and diminished profit margins are putting financial pressure on the Non-QM market, prompting questions about its overall health.
Redwood Trust Announces Offering of Convertible Senior Notes Due 2027
Redwood Trust, Inc. announced its plan to offer $150,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering. The company intends to use the net proceeds for investment and funding purposes, including investing in organically sourced assets, third-party securities, strategic acquisitions, and general corporate purposes, which may also include open market purchases of common stock or debt. The offering is subject to market and other conditions, and the notes will be senior unsecured obligations.
Redwood Trust Acquires Riverbend Lending to Integrate into CoreVest
Redwood Trust Inc. has acquired Riverbend Funding LLC, a private mortgage lender, to integrate it into its existing CoreVest mortgage banking platform. This acquisition will enhance CoreVest's position in the bridge loan market by adding complementary products and geographic footprints, as well as an experienced origination team. The integration aims to expand financing options for partners and increase market share in the growing bridge loan sector.
Redwood Trust Announces Strategic Acquisition of Riverbend Lending
Redwood Trust, Inc. announced its definitive agreement to acquire Riverbend Funding, LLC and its subsidiaries in an all-cash transaction. This acquisition will integrate Riverbend into CoreVest, Redwood's existing business purpose mortgage banking platform, enhancing its product suite, geographic footprint, and client base. The move aims to scale Redwood's presence in the strong bridge loan market, benefiting partners with expanded financing options and distribution capabilities.
Churchill Real Estate snags funding to expand residential loan biz
Churchill Real Estate, known for its distressed asset investments in NYC, has received an investment from Redwood Trust, a publicly traded REIT. This funding will allow Churchill to expand its single-family home loan business into new markets like South Florida, California, and Texas, and broaden its single-family rental operations. The firm has already originated $1 billion in residential loans over the past 18 months, with 90% in single-family homes, and continues to eye distressed opportunities in New York City.
CoreVest Announces Acquisition by Redwood Trust
CoreVest American Finance, a leading nationwide originator and portfolio manager of business-purpose residential loans (BPLs), has been acquired by Redwood Trust, Inc. (NYSE: RWT). This acquisition is expected to significantly expand Redwood's presence in the BPL market and enhance CoreVest's ability to offer customized funding solutions to residential real estate investors by leveraging Redwood's capital and expertise. Both companies anticipate substantial growth opportunities and accretive returns for shareholders through this strategic integration.
Redwood Trust snaps up CoreVest for $490 million
Redwood Trust has announced its acquisition of CoreVest American Finance Lender for $490 million. The acquisition will include CoreVest's operating platform and over $900 million of related financial assets, funded by a mix of cash and Redwood stock. This move aims to boost Redwood's revenue streams, expand its infrastructure, and capitalize on the growth opportunities in the business-purpose lending sector.
The (Slow) Return of Private-Label Securitization
The private-label securitization market is showing modest signs of growth after years of stagnation, though participants express reservations about current levels and future prospects. Key issues hindering greater growth include limited supply, complex and highly regulated processes, liquidity challenges, and insufficient data standardization. Experts emphasize the critical role of clean, consistent data and efficient technological processes for generating confidence and facilitating market expansion.
REDWOOD TRUST, INC. (NYSE:RWT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Redwood Trust, Inc. (NYSE:RWT) filed an 8-K announcing executive leadership changes. Martin S. Hughes will retire as CEO on May 22, 2018, and Christopher J. Abate will succeed him, with Dashiell I. Robinson promoted to President on the same date. The company also detailed compensation arrangements for Mr. Hughes's advisory role post-retirement and announced an increase in the Board of Directors with Mr. Abate's election.
