Redwood Trust Reports Record Mortgage Banking Volume and Earnings Available for Distribution in Q1
Redwood Trust reported a record $8.5 billion in mortgage banking volume during its first-quarter earnings call, with strong performance on an earnings available for distribution (EAD) basis despite a GAAP net loss of $7 million. The company highlighted new partnerships and liquidity strength as key growth drivers.
Topics: capital partnerships EAD performance GAAP loss mortgage banking