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Segment Information - Supplemental Information by Segment (Details) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
Segment Reporting Information [Line Items]
Real estate securities	[1]	$ 264,401	$ 127,797
Home equity investments	[1]	574,119	550,436
Other investments	[1]	349,906	343,930
Goodwill		23,373	23,373
Intangible assets		23,454	28,462
Total Assets	[1]	16,491,104	14,504,327
Residential consumer loans
Segment Reporting Information [Line Items]
Fair value of loans		9,210,156	7,050,637
Residential investor loans
Segment Reporting Information [Line Items]
Fair value of loans		4,879,650	5,220,298
Consolidated Agency multifamily loans
Segment Reporting Information [Line Items]
Fair value of loans		421,794	425,285
Operating Segments | Residential Consumer Mortgage Banking
Segment Reporting Information [Line Items]
Real estate securities		75,489	4,995
Home equity investments		0	0
Other investments		0	0
Goodwill		0	0
Intangible assets		0	0
Total Assets		1,106,416	971,535
Operating Segments | Residential Consumer Mortgage Banking | Residential consumer loans
Segment Reporting Information [Line Items]
Fair value of loans		962,548	911,192
Operating Segments | Residential Consumer Mortgage Banking | Residential investor loans
Segment Reporting Information [Line Items]
Fair value of loans		0	0
Operating Segments | Residential Consumer Mortgage Banking | Consolidated Agency multifamily loans
Segment Reporting Information [Line Items]
Fair value of loans		0	0
Operating Segments | Residential Investor Mortgage Banking
Segment Reporting Information [Line Items]
Real estate securities		0	0
Home equity investments		0	0
Other investments		0	0
Goodwill		23,373	23,373
Intangible assets		23,454	28,462
Total Assets		371,876	293,225
Operating Segments | Residential Investor Mortgage Banking | Residential consumer loans
Segment Reporting Information [Line Items]
Fair value of loans		0	0
Operating Segments | Residential Investor Mortgage Banking | Residential investor loans
Segment Reporting Information [Line Items]
Fair value of loans		259,483	180,250
Operating Segments | Residential Investor Mortgage Banking | Consolidated Agency multifamily loans
Segment Reporting Information [Line Items]
Fair value of loans		0	0
Operating Segments | Investment Portfolio
Segment Reporting Information [Line Items]
Real estate securities		188,912	122,802
Home equity investments		573,400	550,323
Other investments		290,876	287,822
Goodwill		0	0
Intangible assets		0	0
Total Assets		14,649,885	12,718,201
Operating Segments | Investment Portfolio | Residential consumer loans
Segment Reporting Information [Line Items]
Fair value of loans		8,247,608	5,999,706
Operating Segments | Investment Portfolio | Residential investor loans
Segment Reporting Information [Line Items]
Fair value of loans		4,620,167	5,040,048
Operating Segments | Investment Portfolio | Consolidated Agency multifamily loans
Segment Reporting Information [Line Items]
Fair value of loans		421,794	425,285
Corporate/ Other
Segment Reporting Information [Line Items]
Real estate securities		0	0
Home equity investments		719	113
Other investments		59,030	56,108
Goodwill		0	0
Intangible assets		0	0
Total Assets		362,927	521,366
Corporate/ Other | Residential consumer loans
Segment Reporting Information [Line Items]
Fair value of loans		0	139,739
Corporate/ Other | Residential investor loans
Segment Reporting Information [Line Items]
Fair value of loans		0	0
Corporate/ Other | Consolidated Agency multifamily loans
Segment Reporting Information [Line Items]
Fair value of loans		$ 0	$ 0
[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, 2024 and December 31, 2023, assets of consolidated VIEs totaled $12,844,193 and $10,988,885, respectively. At June 30, 2024 and December 31, 2023, liabilities of consolidated VIEs totaled $11,866,962 and $10,096,308, respectively. See Note 15 for further discussion.

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