EXHIBIT 21
LIST OF SUBSIDIARIES
OF REDWOOD TRUST, INC.
 
 
 
 
Subsidiaries*
  
Jurisdiction of
    Incorporation or 
Organization    
 
 
Redwood Asset Management, Inc.**
  
Delaware
 
 
Redwood Capital Trust I
  
Delaware
 
 
Redwood Residential Acquisition Corporation
  
Delaware
 
 
Redwood Subsidiary Holdings, LLC
  
Delaware
 
 
RWT Holdings, Inc.***
 
Delaware
 
 
RWT Securities, LLC
 
Delaware
 
 
Sequoia Mortgage Funding Corporation****
  
Delaware
 
 
Sequoia Residential Funding, Inc.*****
  
Delaware
 
 
 
RWT Financial, LLC
  
Delaware
 
 
 
  
*
In accordance with Item 601(b)(21)(ii) of Regulation S-K the names of certain subsidiaries have been omitted.
**
Redwood Asset Management, Inc. is the collateral manager of the following Acacia securitization entities: Acacia CDO 5, Ltd., Acacia CDO 7, Ltd., Acacia CDO 8, Ltd., Acacia CDO CRE 1, Ltd., Acacia CDO 9, Ltd., Acacia CDO 10, Ltd., Acacia CDO 11, Ltd., and Acacia CDO 12, Ltd. These Acacia CDO entities were organized in the Cayman Islands.
***
The following special purpose entities, each of which is organized in Delaware, are associated with residential risk sharing arrangements with Fannie Mae and Freddie Mac: RRAC SPV-FN Trust; RRAC SPV-FN2 Trust; and RRAC SPV-FRE Trust. The equity interests in each such entity are held by RWT Holdings, Inc.

****
Sequoia Mortgage Funding Corporation is the depositor with respect to four Sequoia securitization trusts that are not listed in this exhibit, but we are required to consolidate the assets and liabilities of two of these trusts under GAAP for financial reporting purposes.
*****
Sequoia Residential Funding, Inc. is the depositor with respect to more than 30 Sequoia securitization trusts that are not listed in this exhibit, but we are required to consolidate the assets and liabilities of certain of these trusts under GAAP for financial reporting purposes.