Redwood Trust, Inc. is a specialty finance company in the United States operating through four segments: Sequoia Mortgage Banking, CoreVest Mortgage Banking, Redwood Investments, and Legacy Investments. The Sequoia segment runs a conduit acquiring 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 housing credit risk-sensitive investments sourced through its platforms, with a focus on retained interests from its own securitizations, while Legacy Investments holds non-core assets being sold or wound down. Incorporated in 1994, the company is headquartered in Mill Valley, California.