Redwood Trust reports record Aspire quarter, launches AI pricing tools

Go back to Redwood Trust reports record Aspire quarter, launches AI pricing tools

Redwood Trust Highlights Continued Aspire Momentum and AI-Powered Technology; Provides Preliminary Second Quarter Business Update

July 7, 2026 9:20 AM EDT

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today provided the following update regarding its Aspire business and selected consolidated operating results for the second quarter ended June 30, 2026.

Aspire Update

Christopher J. Abate, Chief Executive Officer, commented: "Our mortgage banking businesses continued their momentum in the second quarter, with aggregate volumes of over $8 billion despite continued geopolitical and interest rate volatility, and subdued overall housing market activity. This included another record production quarter from our Aspire non-QM... More