Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not well served by government programs. We deliver customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms; whole-loan distribution activities; and our publicly-traded shares. Our consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments.
Our risk-minded culture and our values — which emphasize passion, integrity, change, growth, relationships, and results — underlie our methodical pursuit of becoming the nation’s most innovative participant in housing credit. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, we have managed our business through several cycles, built a track record of innovation, a best-in-class reputation for service, and a common-sense approach to credit investing. We are internally managed and have elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes.