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Asset-Backed Securities Issued - Additional Information (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2022
Dec. 31, 2052
May 29, 2029
Mar. 31, 2029
Jul. 31, 2023
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Debt Instrument [Line Items]                  
Other assets [1]   $ 194,500           $ 231,117  
Variable Interest Entity, Primary Beneficiary                  
Debt Instrument [Line Items]                  
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   229,000              
Restricted cash   19,000              
2022 Asset Backed Securities Sold | Variable Interest Entity, Primary Beneficiary | CoreVest                  
Debt Instrument [Line Items]                  
Debt instrument, face amount   208,000              
Unamortized debt discount   7,000              
2021 Asset Backed Securities Sold | CoreVest                  
Debt Instrument [Line Items]                  
Debt instrument, face amount   270,000              
Bridge loan   283,000              
Restricted cash   24,000              
Other assets   24,000              
Total funding capacity   300,000              
2021 Asset Backed Securities Sold | Variable Interest Entity, Primary Beneficiary | Forecast                  
Debt Instrument [Line Items]                  
Debt Instrument interest rate (as a percent)       2.00% 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 (as a percent)   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   100,000           $ 145,000  
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary                  
Debt Instrument [Line Items]                  
Debt instrument, face amount   99,000              
Unamortized debt discount   $ 1,000              
Debt Instrument interest rate (as a percent)   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 (as a percent)     2.00%     7.75%      
Asset-backed securities issued | Variable Interest Entity, Primary Beneficiary | CoreVest                  
Debt Instrument [Line Items]                  
Debt Instrument interest rate (as a percent)   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 September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,449,163 and $10,661,081, respectively. At September 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,448,479 and $9,619,347, respectively. See Note 4 for further discussion.