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Asset-Backed Securities Issued - Additional Information (Details) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2052
Mar. 31, 2029
Jul. 31, 2023
Dec. 31, 2021
Debt Instrument [Line Items]            
Net Carrying Value $ 1,963,704,000         $ 1,640,833,000
Other assets [1] $ 202,202,000         231,117,000
VIE, ownership interest rate (as a percent) 80.00%          
Variable Interest Entity, Primary Beneficiary | Point HEI            
Debt Instrument [Line Items]            
ABS issued, net, Amortized cost $ 146,000,000          
Variable Interest Entity, Primary Beneficiary | CoreVest            
Debt Instrument [Line Items]            
ABS issued, net, Amortized cost 270,000,000          
Variable Interest Entity, Primary Beneficiary | Freddie Mac SLST            
Debt Instrument [Line Items]            
ABS issued, net, Amortized cost   $ 210,000,000        
Asset-backed securities issued | CoreVest            
Debt Instrument [Line Items]            
Debt instrument, face amount 270,000,000         270,000,000
Restricted cash 8,000,000          
Other assets 6,000,000          
Total funding capacity 300,000,000          
Asset-backed securities issued | Freddie Mac SLST            
Debt Instrument [Line Items]            
Debt instrument, face amount 131,000,000         $ 145,000,000
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary            
Debt Instrument [Line Items]            
Debt instrument, face amount 129,000,000          
Unamortized debt discount $ 2,000,000          
Debt Instrument interest rate 4.75%          
VIE, ownership interest rate (as a percent)   100.00%        
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary | Forecast            
Debt Instrument [Line Items]            
Debt Instrument interest rate     2.00% 2.00% 7.75%  
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary | CoreVest            
Debt Instrument [Line Items]            
Unamortized debt discount $ 2,000,000          
Net Carrying Value $ 268,000,000          
Debt Instrument interest rate 2.34%          
Asset-backed securities issued | Contractual maturities of over five years            
Debt Instrument [Line Items]            
Contractual maturities of securities (in years) 5 years          
[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, 2022 and December 31, 2021, assets of consolidated VIEs totaled $10,250,802 and $10,661,081, respectively. At March 31, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $9,202,156 and $9,619,347, respectively. See Note 4 for further discussion.