NYSE : RWTN
-$0.05 (-0.2%)
NYSE
Christopher J. Abate CPA
REIT - Mortgage
Real Estate
RWTN
351
US
USD
26.42
0.06
0.06
0.06
-1.14
$274.78M
0.57
0.67
-0.05
-101.38
-$0.62
-$70.05M
-8.14%
-6.68%
-9.19%
-0.34%
-6.58
0.02
0.02
1/5
0 Analysts
%
About Redwood Trust, Inc. 9.125% Seni (NYSE:RWTN) Stock
Redwood Trust, Inc. functions as a specialized financial institution throughout the United States. Its operations are divided into three primary areas: Residential Mortgage Banking, Business Purpose Mortgage Banking, and its comprehensive Investment Portfolio. The Residential Mortgage Banking division serves as a pipeline for mortgage loans, acquiring residential debt from third-party originators. These loans are then either sold, securitized, or integrated into its investment holdings. This segment also employs derivative financial instruments to mitigate risks associated with these residential loans. The Business Purpose Mortgage Banking division utilizes a dedicated platform to generate and procure business-oriented loans, such as single-family rental and bridge loans, which are subsequ ... ently securitized, sold, or transferred to its investment portfolio. The Investment Portfolio segment allocates capital into a diverse range of assets, including securities retained from its own residential and business purpose securitization activities. It also invests in residential and smaller-scale multifamily bridge loans, as well as mortgage-backed securities issued by other entities, Freddie Mac K-Series multifamily loan products, and securitizations involving reperforming loans. Additional investments encompass servicer advance investments, home equity products, and other housing-related ventures. For federal income tax purposes, Redwood Trust qualifies as a real estate investment trust (REIT), committing to distribute a minimum of 90% of its taxable earnings as dividends to its shareholders. The company was founded in 1994 and maintains its headquarters in Mill Valley, California.
Frequently Asked Questions
What is the current Redwood Trust, Inc. 9.125% Seni (RWTN) stock price?
Redwood Trust, Inc. 9.125% Seni(NYSE:RWTN) stock price is $24.9301 in the last trading session. During the trading session, RWTN stock reached the peak price of $25.772 while $23.45 was the lowest point it dropped to. The percentage change in RWTN stock occurred in the recent session was --0.2% while the dollar amount for the price change in RWTN stock was -$0.05.
RWTN's industry and sector of operation?
The NYSE listed RWTN is part of REIT - Mortgage industry that operates in the broader Real Estate sector.
Who are the executives of RWTN?
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How many employees does RWTN have?
Number of RWTN employees currently stands at 351. RWTN operates from One Belvedere Place, Mill Valley, CA 94941, US.
Link for RWTN official website?
Official Website of RWTN is: https://www.redwoodtrust.com
How do I contact RWTN?
RWTN could be contacted at phone #415 389 7373 and can also be accessed through its website. RWTN operates from One Belvedere Place, Mill Valley, CA 94941, US.
How many shares of RWTN are traded daily?
The average number of RWTN shares traded daily for last 3 months was 6.58K.
What is the market cap of RWTN currently?
The market value of RWTN currently stands at $3.12B with its latest stock price at $24.9301