Redwood Trust, Inc. (RWT)

8.45 -0.06 (-0.71%) At close: 04:00PM EDT

Redwood Trust, Inc.

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

Sector(s): Real Estate
Industry: REIT—Mortgage
Full Time Employees: 298

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Christopher J. Abate CPA	CEO & Director	7.6M	N/A	1980
Mr. Dashiell I. Robinson	Pres & Director	6.75M	N/A	1980
Ms. Brooke E. Carillo	Chief Financial Officer	5.91M	N/A	1987
Mr. Collin Lee Cochrane CPA	Chief Accounting Officer	2.01M	N/A	1977
Mr. Andrew P. Stone	Exec. VP, Chief Legal Officer & Sec.	3.53M	N/A	1971
Ms. Sasha G. Macomber	Chief Human Resource Officer	3.35M	N/A	1969
Ms. Carlene A. Graham	Chief Operating Officer	N/A	N/A	N/A
Mr. J. Thomas Richardson	Chief Technology Officer	N/A	N/A	N/A
Kaitlyn Mauritz	Sr. VP & Head of Investor Relations	N/A	N/A	N/A
Mr. Fred J. Matera	MD & Head of Residential	N/A	N/A	1964

Amounts are as of December 31, 2021 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 three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. The Residential Mortgage Banking 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 offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Mortgage Banking segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization, sale, or transfer into its investment portfolio. The Investment Portfolio segment invests in securities retained from residential and business purpose securitization activities, and residential and small-balance multifamily bridge loans, as well as residential mortgage-backed securities issued by third parties, Freddie Mac K-Series multifamily loan securitizations and reperforming loan securitizations, servicer advance investments, home equity investments, and other housing-related investments. 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 incorporated in 1994 and is headquartered in Mill Valley, California.

Corporate Governance

Redwood Trust, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 2. The pillar scores are Audit: 6; Board: 1; Shareholder Rights: 3; Compensation: 4.

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.