RWT - Redwood Trust, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Redwood Trust, Inc.

One Belvedere Place
Suite 300
Mill Valley, CA 94941
United States
415-389-7373
http://www.redwoodtrust.com

SectorReal Estate
IndustryREIT—Mortgage
Full Time Employees372

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher J. AbateCEO & Director3.05MN/A1980
Mr. Dashiell I. RobinsonPres2.4MN/A1980
Mr. Collin Lee Cochrane CPAChief Financial Officer1.11MN/A1977
Mr. Andrew P. StoneExec. VP, Gen. Counsel & Sec.1.18MN/A1971
Mr. J. Thomas RichardsonChief Technology OfficerN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through four segments: Residential Lending, Business Purpose Lending, Multifamily Investments, and Third-Party Residential Investments. The Residential Lending segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. This segment also includes derivative financial instruments to manage risks associated with residential loans. The Business Purpose Lending segment operates a platform that originates and acquires business purpose residential loans for subsequent securitization or transfer into its investment portfolio. The Multifamily Investments segment invests in securities collateralized by multifamily mortgage loans, as well as in multifamily mortgages and related assets. The Third-Party Residential Investments segment invests in residential mortgage-backed securities issued by third parties, as well as in Freddie Mac SLST securitizations; and offers servicer advance and other residential credit investment services. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Redwood Trust, Inc. was founded in 1994 and is headquartered in Mill Valley, California.

Corporate Governance

Redwood Trust, Inc.’s ISS Governance QualityScore as of December 7, 2019 is 2. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.