The History of Redwood Trust
Redwood Trust, Inc. (“Redwood”) was founded in 1994 by George Bull and Doug Hansen, along with Frederick Borden. Redwood would go on to complete its IPO the following year on August 3, 1995, with George as Chair and Chief Executive Officer, and Doug as President and Chief Financial Officer. Today, Redwood is one of the oldest mortgage REITs in the country.
At Redwood’s onset, the founders focused on building a company that could compete favorably with its competitors by maintaining low operating expenses while utilizing the team's expertise in managing mortgage assets.
As the markets evolved, so has Redwood. Today, Redwood strives to provide liquidity to all segments of the U.S. housing market not well served by government programs. Redwood continues to lead in the development of residential real estate loan products and financing structures, and acts as a voice for quality and innovation in the housing finance sector.
To make quality housing, whether rented or owned, accessible to all American households.
“At Redwood Trust, we are completely focused on real estate investing. We aim to create attractive investments for shareholders by maintaining a value-investing discipline, a highly efficient balance sheet, professional operations, strong market positions, and an entrepreneurial culture."– George Bull, Co-Founder of Redwood