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Asset-Backed Securities Issued - Additional Information (Details) - USD ($)
 3 Months Ended
Mar. 31, 2024
Dec. 31, 2053
Dec. 31, 2052
Dec. 31, 2030
May 29, 2029
Mar. 31, 2029
Dec. 31, 2023
Mar. 31, 2023
Jun. 30, 2022
Sep. 30, 2021
Debt Instrument [Line Items]                    
Restricted cash $ 64,993,000 [1]           $ 75,684,000 [1] $ 86,000,000    
Other assets [1] $ 333,631,000           351,109,000      
Asset-backed securities issued | Maturity over Five Years                    
Debt Instrument [Line Items]                    
Contractual maturities of ABS (in years) 5 years                  
CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Debt instrument, face amount $ 478,000,000           485,000,000      
Bridge loan 304,000,000                  
Restricted cash 8,000,000                  
Other assets 8,000,000                  
CoreVest | 2021 Asset Backed Securities Sold                    
Debt Instrument [Line Items]                    
Debt instrument, face amount 263,000,000                  
Total funding capacity 300,000,000                  
Repurchased debt instrument, face amount 7,000,000                  
Gain on extinguishment of debt 300,000                  
Debt Instrument, Redemption, Period One | CoreVest | 2022 Asset Backed Securities Sold                    
Debt Instrument [Line Items]                    
Debt instrument, face amount 231,000,000                  
Bridge loan 230,000,000                  
Restricted cash 1,000,000                  
Other assets 25,000,000                  
Debt Instrument, Redemption, Period One | CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Total funding capacity 250,000,000                  
Debt Instrument, Redemption, Period Two | CoreVest | 2022 Asset Backed Securities Sold                    
Debt Instrument [Line Items]                    
Debt instrument, face amount 215,000,000                  
Bridge loan 228,000,000                  
Restricted cash 18,000,000                  
Other assets 7,000,000                  
Debt Instrument, Redemption, Period Two | CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Total funding capacity 250,000,000                  
Variable Interest Entity, Primary Beneficiary | HEI                    
Debt Instrument [Line Items]                    
ABS issued, at amortized cost                   $ 146,000,000
Variable Interest Entity, Primary Beneficiary | Asset-backed securities issued | Forecast                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent)     2.00%     2.00%        
Variable Interest Entity, Primary Beneficiary | CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Debt instrument, face amount 263,000,000                  
Unamortized debt discount $ 0                  
Variable Interest Entity, Primary Beneficiary | CoreVest | 2021 Asset Backed Securities Sold                    
Debt Instrument [Line Items]                    
ABS issued, at amortized cost                   $ 270,000,000
Debt Instrument interest rate (as a percent) 2.34%                  
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period One | 2021 Asset Backed Securities Sold | Forecast                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent)       1.50%            
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period One | CoreVest                    
Debt Instrument [Line Items]                    
ABS issued, at amortized cost             231,000,000      
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period One | CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Debt instrument, face amount $ 232,000,000                  
Debt Instrument interest rate (as a percent) 7.89%                  
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Two | 2021 Asset Backed Securities Sold | Forecast                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent)         2.00%          
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Two | CoreVest                    
Debt Instrument [Line Items]                    
ABS issued, at amortized cost                 $ 215,000,000  
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Two | CoreVest | 2022 Asset Backed Securities Sold                    
Debt Instrument [Line Items]                    
Debt instrument, face amount $ 214,000,000                  
Unamortized debt discount $ 1,000,000                  
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Two | CoreVest | Asset-backed securities issued                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent) 4.32%                  
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Four | HEI                    
Debt Instrument [Line Items]                    
ABS issued, at amortized cost             $ 139,000,000      
Variable Interest Entity, Primary Beneficiary | Debt Instrument, Redemption, Period Four | Asset-backed securities issued | Forecast                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent)   3.00%                
[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, 2024 and December 31, 2023, assets of consolidated VIEs totaled $11,850,461 and $10,988,885, respectively. At March 31, 2024 and December 31, 2023, liabilities of consolidated VIEs totaled $10,921,862 and $10,096,308, respectively. See Note 4 for further discussion.