XML 94 R83.htm IDEA: XBRL DOCUMENT v3.8.0.1
Mortgage Servicing Rights - Activity for Residential First-Lien Mortgage Servicing Rights (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Servicing Asset at Fair Value, Amount [Roll Forward]    
Balance at beginning of period [1] $ 63,598  
Additions 0 $ 7,386
Changes in fair value due to:    
Balance at End of Period [1] 66,496  
MSRs    
Servicing Asset at Fair Value, Amount [Roll Forward]    
Balance at beginning of period 63,598 118,526
Additions 0 7,485
Sales 0 (11,928)
Changes in fair value due to:    
Changes in assumptions 4,346 (657)
Other changes (1,448) (2,413)
Balance at End of Period $ 66,496 $ 111,013
[1] Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to Redwood Trust, Inc. or its affiliates. At March 31, 2018 and December 31, 2017, assets of consolidated VIEs totaled $1,647,850 and $1,259,774, respectively. At March 31, 2018 and December 31, 2017, liabilities of consolidated VIEs totaled $1,546,066 and $1,167,157, respectively. See Note 4 for further discussion.