- Net income per share of $0.71 does not reflect $0.22 per share of negative valuation adjustments that should be realized in Q3. Book value per share of $14.69 up 1% from Q1, up 22.4% from a year ago.
- Earnings call at 5 ET. Q2 results. (PR)
- RWT's quarterly Redwood Review is a must-read for any mortgage investor (REM, MORT, MORL). From the opening letter: "It's too early to say the worst of the recent market disruptions are behind us, but it does appear that the agency and non-agency RMBS markets are firming somewhat. We are beginning to see spread premiums on AAA RMBS stabilize."
Redwood Trust details difficult quarter for mortgages
Aug 8 2013, 08:42 ET