Redwood Trust, Inc., together with its subsidiaries, invests in, finances, and manages real estate assets in the United States. It invests in residential and commercial real estate loans, and in asset-backed securities backed by real estate loans. The company credit-enhances loans by acquiring and managing the first-loss and other credit-sensitive securities that bear the credit risk of securitized loans. Redwood Trust qualifies as a real estate investment trust (REIT) for federal income tax pur ...

Downey Financial Corp. operates as the holding company for Downey Savings and Loan Association, F.A. that provides various financial services to individual and corporate customers. It attracts funds from the general public and institutions; and originates and invests in loans, such as residential real estate mortgage loans, investment securities, and mortgage-backed securities; and originates and sells loans to investors in the secondary markets. The bank offers various deposit products, which i ...