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Cover Page - shares
6 Months Ended
Jun. 30, 2025
Aug. 07, 2025
Document Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Jun. 30, 2025  
Document Transition Report false  
Entity File Number 1-13759  
Entity Registrant Name REDWOOD TRUST, INC.  
Entity Incorporation, State or Country Code MD  
Entity Tax Identification Number 68-0329422  
Entity Address Address Line One One Belvedere Place,  
Entity Address, Address Line Two Suite 300  
Entity Address City Or Town Mill Valley,  
Entity Address, State or Province CA  
Entity Address Postal Zip Code 94941  
City Area Code 415  
Local Phone Number 389-7373  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity small business false  
Emerging growth company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   129,223,464
Amendment Flag false  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q2  
Entity Central Index Key 0000930236  
Current Fiscal Year End Date --12-31  
Common Stock    
Document Information [Line Items]    
Title of 12(b) Security Common stock, par value $0.01 per share  
Trading Symbol RWT  
Security Exchange Name NYSE  
10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock, par value $0.01 per share    
Document Information [Line Items]    
Title of 12(b) Security 10% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock, par value $0.01 per share  
Trading Symbol RWT PRA  
Security Exchange Name NYSE  
9.125% Senior Notes Due 2029    
Document Information [Line Items]    
Title of 12(b) Security 9.125% Senior Notes Due 2029  
Trading Symbol RWTN  
Security Exchange Name NYSE  
9.000% Senior Notes Due 2029    
Document Information [Line Items]    
Title of 12(b) Security 9.0% Senior Notes Due 2029  
Trading Symbol RWTO  
Security Exchange Name NYSE  
9.125% Senior Notes Due 2030    
Document Information [Line Items]    
Title of 12(b) Security 9.125% Senior Notes Due 2030  
Trading Symbol RWTP  
Security Exchange Name NYSE