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Asset-Backed Securities Issued - Additional Information (Details) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2052
Mar. 31, 2029
Jul. 31, 2023
Dec. 31, 2021
Sep. 30, 2021
Debt Instrument [Line Items]              
Other assets [1] $ 171,780         $ 231,117  
VIE, ownership interest rate (as a percent) 80.00%            
Variable Interest Entity, Primary Beneficiary | Point HEI              
Debt Instrument [Line Items]              
ABS issued, net, At amortized cost $ 146,000            
Variable Interest Entity, Primary Beneficiary | CoreVest              
Debt Instrument [Line Items]              
ABS issued, net, At amortized cost 215,000            
Variable Interest Entity, Primary Beneficiary | Freddie Mac SLST              
Debt Instrument [Line Items]              
ABS issued, net, At amortized cost   $ 210,000          
2022 Asset Backed Securities Sold | CoreVest              
Debt Instrument [Line Items]              
Debt instrument, face amount 215,000            
Bridge loan 249,000            
Restricted cash 1,000            
2022 Asset Backed Securities Sold | Variable Interest Entity, Primary Beneficiary | CoreVest              
Debt Instrument [Line Items]              
Debt instrument, face amount 207,000            
Unamortized debt discount 8,000            
2021 Asset Backed Securities Sold | CoreVest              
Debt Instrument [Line Items]              
Debt instrument, face amount 270,000            
Bridge loan 293,000            
Restricted cash 8,000            
Other assets 7,000            
Total funding capacity 300,000            
2021 Asset Backed Securities Sold | Variable Interest Entity, Primary Beneficiary | Forecast              
Debt Instrument [Line Items]              
Debt Instrument interest rate       2.00%      
2021 Asset Backed Securities Sold | Variable Interest Entity, Primary Beneficiary | CoreVest              
Debt Instrument [Line Items]              
ABS issued, net, At amortized cost             $ 270,000
Debt instrument, face amount 268,000            
Unamortized debt discount $ 2,000            
Debt Instrument interest rate 2.34%            
Asset-backed securities issued | CoreVest              
Debt Instrument [Line Items]              
Debt instrument, face amount $ 485,000         270,000  
Total funding capacity 250,000            
Asset-backed securities issued | Freddie Mac SLST              
Debt Instrument [Line Items]              
Debt instrument, face amount 117,000         $ 145,000  
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Debt instrument, face amount 115,000            
Unamortized debt discount $ 1,000            
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%   7.75%    
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary | CoreVest              
Debt Instrument [Line Items]              
Debt Instrument interest rate 4.32%            
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 June 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,951,520 and $10,661,081, respectively. At June 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,899,020 and $9,619,347, respectively. See Note 4 for further discussion.