Back to today’s briefing

Story perspectives

Redwood Trust Posts $14.4M Profit Amid Housing Policy Shift

5/3/2025

29 4

Summary

Story summary

Redwood Trust, nestled in Mill Valley, California, celebrated a remarkable turnaround with a first-quarter profit of $14.4 million, bouncing back from an $8.4 million loss. CEO Christopher Abate emphasized the robust demand for their offerings and the promising impact of evolving housing policies in Washington, as the company seeks to draw private investment into the residential mortgage market during these uncertain times.

1 of 1

Story summary

Redwood Trust, nestled in Mill Valley, California, celebrated a remarkable turnaround with a first-quarter profit of $14.4 million, bouncing back from an $8.4 million loss. CEO Christopher Abate emphasized the robust demand for their offerings and the promising impact of evolving housing policies in Washington, as the company seeks to draw private investment into the residential mortgage market during these uncertain times.