EPS: As of FY2025 Q2, the actual value is USD -0.76.<h3>Sequoia Mortgage Banking</h3><ul><li>Interest Income: $68,704 thousand for the six months ended June 30, 2025.</li><li>Interest Expense: - $34,841 thousand for the six months ended June 30, 2025.</li><li>Net Interest Income: $33,863 thousand for the six months ended June 30, 2025.</li><li>Non-Interest Income: $46,547 thousand for the six months ended June 30, 2025.</li></ul><h3>CoreVest Mortgage Banking</h3><ul><li>Interest Income: $8,131 thousand for the six months ended June 30, 2025.</li><li>Interest Expense: - $4,293 thousand for the six months ended June 30, 2025.</li><li>Net Interest Income: $3,838 thousand for the six months ended June 30, 2025.</li><li>Non-Interest Income: $35,621 thousand for the six months ended June 30, 2025.</li></ul><h3>Redwood Investments</h3><ul><li>Interest Income: $421,313 thousand for the six months ended June 30, 2025.</li><li>Interest Expense: - $377,601 thousand for the six months ended June 30, 2025.</li><li>Net Interest Income: $43,712 thousand for the six months ended June 30, 2025.</li><li>Non-Interest Income: $2,346 thousand for the six months ended June 30, 2025.</li></ul><h3>Legacy Investments</h3><ul><li>Interest Income: $57,601 thousand for the six months ended June 30, 2025.</li><li>Interest Expense: - $65,212 thousand for the six months ended June 30, 2025.</li><li>Net Interest Income: - $7,611 thousand for the six months ended June 30, 2025.</li><li>Non-Interest Income: - $89,074 thousand for the six months ended June 30, 2025.</li></ul><h3>Corporate/Other</h3><ul><li>Interest Income: $681 thousand for the six months ended June 30, 2025.</li><li>Interest Expense: - $32,707 thousand for the six months ended June 30, 2025.</li><li>Net Interest Income: - $32,026 thousand for the six months ended June 30, 2025.</li><li>Non-Interest Income: - $1,471 thousand for the six months ended June 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focused on providing liquidity to growing segments of the U.S. housing market not well served by government programs, aiming to deliver customized housing credit investments through securitization platforms, whole-loan distribution activities, joint ventures, and publicly traded shares.</li><li>Non-Core Business: Legacy Investments segment was established to manage assets that are no longer aligned with core strategic objectives, including legacy unsecuritized bridge and term portfolios, certain securities in the third-party securities portfolio, and other non-core legacy assets intended for sale, runoff, or other forms of disposition.</li></ul>

Redwood Trust, Inc. | 10-Q: FY2025 Q2 EPS: USD -0.76