REDWOOD TRUST INC files 10-Q

Redwood Trust, Inc. reported a net loss of $5.503 million for the first quarter of 2026, a decrease from a net income of $16.147 million in the same period of 2025, primarily due to negative investment fair value changes and higher operating expenses. The company's mortgage banking platforms showed strong production volumes, but gain-on-sale margins normalized from the prior quarter.