Redwood Trust, Inc. (RWT)

12.10 -0.29 (-2.34%) At close: 04:00PM EST

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: 247

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Christopher J. Abate	CEO & Director	1.8M	N/A	1980
Mr. Dashiell I. Robinson	Pres & Director	1.56M	N/A	1980
Mr. Collin Lee Cochrane CPA	Chief Accounting Officer	728.08k	N/A	1977
Mr. Andrew P. Stone	Chief Legal Officer	796.2k	N/A	1971
Ms. Sasha G. Macomber	Chief Human Resource Officer	598.99k	N/A	1969
Mr. Fred J. Matera	MD & Head of Residential	45.03k	N/A	1964
Mr. Shoshone A. Stern	Managing Director of Portfolio Strategy & Risk	852.56k	N/A	1978
Ms. Brooke E. Carillo	Chief Financial Officer	N/A	N/A	N/A
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

Amounts are as of December 31, 2020 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 Lending, Business Purpose Lending, and Third-Party 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 offers derivative financial instruments to manage risks associated with residential loans. The Business Purpose Lending segment operates a platform that originates and acquires business purpose loans, such as single-family rental and bridge loans for subsequent securitization or transfer into its investment portfolio. The Third-Party Investments segment invests in residential mortgage-backed securities issued by third parties, as well as in K-Series multifamily loan securitizations and SLST reperforming loan securitizations. This segment also offers servicer advance, and other residential and multifamily credit 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 September 26, 2021 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.