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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Short-term Debt [Line Items]    
Short-term debt [1] $ 2,177,362 $ 522,609
Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 145,718  
31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 1,157,188  
Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 874,456  
Line of Credit    
Short-term Debt [Line Items]    
Short-term debt 1,882,915 314,234
Line of Credit | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 1,669,344 137,269
Line of Credit | Business Purpose Loans    
Short-term Debt [Line Items]    
Short-term debt 138,746  
Line of Credit | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 74,825  
Line of Credit | Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 145,718  
Line of Credit | Within 30 days | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 101,885  
Line of Credit | Within 30 days | Business Purpose Loans    
Short-term Debt [Line Items]    
Short-term debt 0  
Line of Credit | Within 30 days | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 43,833  
Line of Credit | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 1,157,188  
Line of Credit | 31 to 90 days | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 1,022,271  
Line of Credit | 31 to 90 days | Business Purpose Loans    
Short-term Debt [Line Items]    
Short-term debt 103,925  
Line of Credit | 31 to 90 days | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 30,992  
Line of Credit | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 580,009  
Line of Credit | Over 90 days | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 545,188  
Line of Credit | Over 90 days | Business Purpose Loans    
Short-term Debt [Line Items]    
Short-term debt 34,821  
Line of Credit | Over 90 days | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing    
Short-term Debt [Line Items]    
Short-term debt 294,447 $ 208,375
Servicer advance financing | Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt $ 294,447  
[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 December 31, 2021 and 2020, assets of consolidated VIEs totaled $10,661,081 and $8,141,069, respectively. At December 31, 2021 and 2020, liabilities of consolidated VIEs totaled $9,619,347 and $7,148,414, respectively. See Note 4 for further discussion.