XML 68 R49.htm IDEA: XBRL DOCUMENT v3.24.0.1

Other Investments (Tables)

12 Months Ended

Dec. 31, 2023

Investments, All Other Investments [Abstract]

Schedule of Other Investments

Other investments at December 31, 2023 and 2022 are summarized in the following table.

Table 11.1 – Components of Other Investments

(In Thousands)						December 31, 2023						December 31, 2022
Servicer advance investments						$	225,345					$	269,259
Strategic investments						56,107						56,518
Excess MSRs						37,367						39,035
Mortgage servicing rights						24,877						25,421
Other						234						705
Total Other Investments						$	343,930					$	390,938

Schedule of Components of Servicer Advance Investments

The servicer advance receivables were comprised of the following types of advances at December 31, 2023 and 2022:

Table 11.2 – Components of Servicer Advance Receivables

(In Thousands)						December 31, 2023						December 31, 2022
Principal and interest advances						$	60,216					$	81,447
Escrow advances (taxes and insurance advances)						91,792						123,541
Corporate advances						32,579						35,377
Total Servicer Advance Receivables						$	184,587					$	240,365

X

- Definition

Summary Of Other Investments [Table Text Block]

+ References

No definition available.

+ Details

Name:	rwt_SummaryOfOtherInvestmentsTableTextBlock
Namespace Prefix:	rwt_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsAllOtherInvestmentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 860
-SubTopic 50
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481229/860-50-50-3

+ Details

Name:	us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration