Redwood Trust Inc.

Redwood Trust, Inc. is a specialty finance company operating in the United States through four segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Sequoia segment runs a mortgage loan conduit that acquires residential loans from third-party originators for sale, securitization, or transfer to its investment portfolio. CoreVest originates residential investor loans for securitization, sale, or transfer into the Redwood Investments portfolio or joint ventures, and also uses derivative instruments to manage risks related to loans held for sale. Redwood Investments targets investments sensitive to housing credit risk, sourced through its operating platforms, and will focus on retained interests from the company's own securitizations rather than third-party securities. Legacy Investments consists of non-core assets, including unsecuritized bridge and term loans and residential re-performing loan securities, that are being sold, run off, or otherwise disposed of. The company was incorporated in 1994 and is headquartered in Mill Valley, California.