• Redwood Trust swung to a net loss available to common stockholders of $7.25 million, or $(0.07) per share, in first-quarter 2026 as GAAP book value per share slipped to $7.12 at March 31, 2026.
• Mortgage banking production climbed to about $8.5 billion from $7.3 billion in fourth-quarter 2025, while mortgage banking activities net fell to $31.96 million from $53.06 million.
• Net interest income rose to $34.72 million from $25.93 million, but investment fair value changes worsened to a loss of $23.2 million from a loss of $0.51 million.
• Across platforms, Sequoia lock volume rose to $6.5 billion from $5.3 billion as gain-on-sale margin narrowed to 96 bps from 136 bps, while Aspire posted $1.6 billion of locks and completed its first $391 million non-QM securitization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000930236-26-000020), on May 07, 2026, and is solely responsible for the information contained therein.