XML 79 R67.htm IDEA: XBRL DOCUMENT v3.21.2
Principles of Consolidation - Summary of Unconsolidated Variable Interest Entity's Sponsored by Redwood (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
On-balance sheet assets, at fair value:    
Subordinate securities, classified as AFS $ 200,276 $ 218,458
Servicing asset, fair value 159,408 217,656
Variable Interest Entity, Not Primary Beneficiary    
On-balance sheet assets, at fair value:    
Maximum loss exposure 153,322 165,870
Assets transferred:    
Principal balance of loans outstanding 5,542,244 7,728,432
Principal balance of loans 30+ days delinquent 32,422 138,029
Interest-only, senior and subordinate securities, classified as trading | Variable Interest Entity, Not Primary Beneficiary    
On-balance sheet assets, at fair value:    
Interest-only, senior and subordinate securities, classified as trading 18,380 20,982
Subordinate securities, classified as AFS | Variable Interest Entity, Not Primary Beneficiary    
On-balance sheet assets, at fair value:    
Subordinate securities, classified as AFS 128,874 136,475
Mortgage servicing rights    
On-balance sheet assets, at fair value:    
Servicing asset, fair value 12,389 8,815
Mortgage servicing rights | Variable Interest Entity, Not Primary Beneficiary    
On-balance sheet assets, at fair value:    
Servicing asset, fair value $ 6,068 $ 8,413