REDWOOD TRUST INC. overview

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has declared second quarter 2023 common and preferred stock dividends. “Consistent with the commentary we provided during our first quarter 2023 earnings call, we believe the Board’s decision to align the common dividend with our anticipated near-to-medium term earnings profile enhances our...

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced the formal launch of a joint venture (“JV”) between Redwood and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to invest in business purpose bridge loans originated by CoreVest American Finance Lender (“CoreVest”), a division of Redwood. Total equity commitment to the JV – funded 80% by Oaktree and 20% by Redwood –...

Redwood Pharma presents positive results from a clinical study with RP501 against dry eye PR Newswire STOCKHOLM, May 31, 2023 STOCKHOLM , May 31, 2023 /PRNewswire/ -- Redwood Pharma AB (publ) announces positive results from the company's clinical study with RP501 , a medical technology self-care product being developed for the treatment of dry eye. The results show that RP501 is safe and well-tolerated and that the product produces statistically significant positive results on several subjective...

Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the first quarter ended March 31, 2023. Key Q1 2023 Financial Results and Metrics GAAP book value per common share was $9.40 at March 31, 2023, a 1.6% decrease from $9.55 per share at December 31, 2022 Economic return on book value of 0.8% (1) GAAP net income of $0.02 per diluted common share Non-GAAP Earnings Available for...

On April 26, 2023, REDWOOD CAPITAL BANCORP (OTCQB:RWCB), the only locally owned and operated community bank holding company in Humboldt County, announced unaudited financial results for the three-month period ended March 31, 2023. Redwood Capital Bank, the company’s wholly owned subsidiary, celebrated its nineteen-year anniversary by reporting robust quarterly earnings. John Dalby, President and CEO, remarked, “Management and the Board of Directors are delighted with our excellent start in...

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is scheduled to release its first quarter 2023 results on April 27, 2023 after the close of the market. Redwood's senior management team plans to hold a conference call to discuss its first quarter 2023 financial results later that same day at 2:00 pm Pacific Time/ 5:00 pm Eastern Time. Webcast Information The conference call will be webcast live in listen-only...

Open Visibility Network welcomes Redwood Logistics and its interoperability expertise to the network PR Newswire BOSTON, April 4, 2023 BOSTON , April 4, 2023 /PRNewswire/ -- Open Visibility Network (OVN) has announced that Redwood Logistics, with its RedwoodConnect™ no-code integration platform for supply chain solutions has joined the rapidly-growing international network. Launched in 2021, the OVN is a consortium of supply chain, transportation, and logistics technology providers on a...

Open Visibility Network welcomes Redwood Logistics and its interoperability expertise to the network PR Newswire BOSTON, April 4, 2023 BOSTON , April 4, 2023 /PRNewswire/ -- Open Visibility Network (OVN) has announced that Redwood Logistics, with its RedwoodConnect™ no-code integration platform for supply chain solutions has joined the rapidly-growing international network. Launched in 2021, the OVN is a consortium of supply chain, transportation, and logistics technology providers on a...