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Residential Loans - Additional Information (Detail) (USD $)
12 Months Ended
Dec. 31, 2014
Contract
CreditScore
Dec. 31, 2013
Contract
Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]      
Carrying value $ 3,398,573,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer $ 2,166,434,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer $ 2,835,470,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
Residential Loans Held for Investment      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 1,474,386,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
1,762,167,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
 
Number of Loans 5,315us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
6,206us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
 
Principal value 1,483,213,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
1,770,803,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
 
Unamortized premium, net 13,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
17,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
 
Weighted average original loan-to-value (LTV) 66.00%rwt_LoanToValueRatio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
   
Weighted average original Fair Isaac Corporation (FICO) score 733rwt_WeightedAverageCreditScore
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
   
Charge-offs, net 5,000,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
5,000,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
12,000,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
Principal value 21,000,000rwt_DefaultedLoanPrincipalDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
14,000,000rwt_DefaultedLoanPrincipalDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
33,000,000rwt_DefaultedLoanPrincipalDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
Residential Loans Held for Investment | Residential Loans Acquired Prior To July 1st 2004      
Mortgage Loans on Real Estate [Line Items]      
Principal value 598,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
731,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
 
Unamortized premium, net 8,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
11,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
 
Percentage of loans prepaid 18.00%rwt_PercentageOfLoansPrepaid
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
   
Percentage of premiums amortized 30.00%rwt_PercentageOfLoanPremiumsAmortized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredPriorToJulyOneTwentyZeroFourMember
   
Residential Loans Held for Investment | Residential Loans Acquired After July 1st 2004      
Mortgage Loans on Real Estate [Line Items]      
Principal value 889,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
1,040,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
 
Unamortized premium, net 5,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
6,000,000us-gaap_UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
 
Percentage of loans prepaid 15.00%rwt_PercentageOfLoansPrepaid
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
   
Percentage of premiums amortized 18.00%rwt_PercentageOfLoanPremiumsAmortized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_ResidentialLoansAcquiredAfterJulyOneTwentyZeroFourMember
   
Residential Loans Held for Investment | First Mortgage      
Mortgage Loans on Real Estate [Line Items]      
Percentage of loan portfolio 99.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= us-gaap_FirstMortgageMember
   
Residential Loans Held for Investment | Second Mortgage      
Mortgage Loans on Real Estate [Line Items]      
Percentage of loan portfolio 1.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= us-gaap_SecondMortgageMember
   
Residential Loans      
Mortgage Loans on Real Estate [Line Items]      
Principal value 8,810,000,000rwt_PrincipalBalanceOfLoansAcquiredDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
7,010,000,000rwt_PrincipalBalanceOfLoansAcquiredDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
 
Charge-offs, net 4,966,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
4,525,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
11,903,000us-gaap_AllowanceForLoanAndLeaseLossesWriteOffs
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
Loss confirmation period 23 months    
Average recorded investment of loans individually evaluated for impairment 13,000,000us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
7,000,000us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
14,000,000us-gaap_ImpairedFinancingReceivableAverageRecordedInvestment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
Interest income recognized on impaired loans 129,000us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
123,000us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
297,000us-gaap_ImpairedFinancingReceivableInterestIncomeAccrualMethod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= us-gaap_ResidentialMortgageMember
Residential Loans at Fair Value      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 1,340,000,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
403,000,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
 
Number of Loans 2,273us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
537us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
 
Principal value 1,300,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
399,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
 
Negative Valuation adjustments 51,256,000us-gaap_FairValueOptionChangesInFairValueGainLoss1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
(10,493,000)us-gaap_FairValueOptionChangesInFairValueGainLoss1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
37,762,000us-gaap_FairValueOptionChangesInFairValueGainLoss1
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtFairValueMember
Residential Loans at Lower of Cost or Fair Value      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 1,488,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
1,665,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
 
Number of Loans 9us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
10us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
 
Principal value 2,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
2,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
 
Valuation adjustments 56,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
38,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
 
Residential Loans at Lower of Cost or Fair Value | Carrying Value      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 2,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
2,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansAtLowerOfCostOrFairValueMember
 
Residential Loans Held For Investment at Fair Value      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 581,668,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentAtFairValueMember
   
Number of Loans 804us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentAtFairValueMember
   
Principal value 566,372,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentAtFairValueMember
   
Principal balance of loans transferred 574,000,000rwt_PrincipalAmountOfLoansSecuritizedDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentAtFairValueMember
   
Fair value of loans transferred 564,000,000rwt_FairValueOfLoansSecuritizedDuringPeriod
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForInvestmentAtFairValueMember
   
Residential Loans Held For Sale      
Mortgage Loans on Real Estate [Line Items]      
Carrying value 1,342,519,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
404,267,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
 
Number of Loans 2,282us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
547us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
 
Principal value 1,305,493,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
400,873,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
 
Residential Loans Held For Sale | Mortgage Servicing Rights      
Mortgage Loans on Real Estate [Line Items]      
Carrying value $ 1,700,000,000us-gaap_LoansAndLeasesReceivableNetReportedAmountConsumer
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_ResidentialLoansHeldForSaleMember
/ us-gaap_InvestmentTypeAxis
= rwt_MortgageServicingRightsMember