Other Assets and Liabilities - Narrative (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2025 USD ($)	Dec. 31, 2025 USD ($) partnership securitization shares	Dec. 31, 2024 USD ($) securitization	Dec. 31, 2023 USD ($) shares
Other Assets and Other Liabilities [Line Items]
Amortization of intangible assets		$ 8,000	$ 9,000
Number of partnerships consolidated | partnership		2
Co-investors gains (losses)		$ 5,000	5,000	$ 6,000
Net expense allocated to Redwood		$ 70,026	(54,004)	$ 2,274
Number of securitization transactions co-sponsored, called upon | securitization		1
Securitization entity | securitization		4
Unrecognized compensation cost	$ 34,372	$ 34,372	40,454
Cash-Settled Restricted Stock Units
Other Assets and Other Liabilities [Line Items]
Equity grants		$ 5,000
Incentive plan, awards vesting period (in years)		4 years
Unrecognized compensation cost	9,000	$ 9,000
Cash-Settled Deferred Stock Units
Other Assets and Other Liabilities [Line Items]
Unrecognized compensation cost	500	$ 500
Cash-Settled Performance Stock Units
Other Assets and Other Liabilities [Line Items]
Equity grants	3,000
Incentive plan, awards vesting period (in years)		3 years
Unrecognized compensation cost	3,000	$ 3,000
Granted (in shares) | shares				663,499
Number of stock awards vested (in shares) | shares		152,191
Co-Investors Interests
Other Assets and Other Liabilities [Line Items]
Carrying value of interests	28,000	$ 28,000
Point Home Equity Investment Noncontrolling Interest
Other Assets and Other Liabilities [Line Items]
Carrying value of interests	44,000	44,000
Co-investors gains (losses)		(8,000)	$ 23,000	$ 8,000
Joint Venture | 2025 CAFL Securitization
Other Assets and Other Liabilities [Line Items]
Carrying value of interests	32,000	32,000
Co-investors gains (losses)		12,000
Net expense allocated to Redwood		$ 12,000
Securitization entity | securitization		2
Joint Venture | 2024 CAFL Securitization
Other Assets and Other Liabilities [Line Items]
Carrying value of interests	$ 17,000	$ 17,000
Co-investors gains (losses)		2,000
Net expense allocated to Redwood		$ 2,000
Securitization entity | securitization			1