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Asset-Backed Securities Issued - Schedule of Asset-Backed Securities Issued (Details)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
series
entity
Dec. 31, 2025
USD ($)
series
entity
Debt Instrument [Line Items]    
Carrying Value [1] $ 22,515,907 $ 17,492,031
VIEs    
Debt Instrument [Line Items]    
Number of entities | entity 3  
VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Carrying Value $ 22,515,907 $ 17,492,031
Entity    
Debt Instrument [Line Items]    
Number of entities | entity 2 2
Total ABS Issued | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance $ 23,356,508 $ 17,963,740
Carrying Value 22,515,907 17,492,031
ABS Issued at Fair Value | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance 23,356,508 17,905,309
Carrying Value 22,515,907 17,433,600
Sequoia | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance 20,722,806 14,990,305
Carrying Value $ 19,926,622 $ 14,540,397
Number of Series | series 86 72
Sequoia | Minimum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 2.50% 2.50%
Sequoia | Maximum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 6.98% 8.38%
Sequoia Re-Securitization Trusts | Minimum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 6.11%  
Sequoia Re-Securitization Trusts | Maximum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 6.42%  
CAFL | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance $ 2,507,570 $ 2,787,832
Carrying Value $ 2,462,927 $ 2,765,728
Number of Series | series 21 21
CAFL | Minimum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 3.40% 3.04%
CAFL | Maximum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 8.67% 7.89%
HEI | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance $ 126,132 $ 127,172
Carrying Value $ 126,358 $ 127,475
Number of Series | series 1 1
HEI | Maximum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate 6.72% 6.72%
CAFL ABS at Amortized Cost | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Unpaid Principal Balance   $ 58,431
Carrying Value   $ 58,431
Number of Series | series   2
CAFL ABS at Amortized Cost | Minimum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate   4.31%
CAFL ABS at Amortized Cost | Maximum | VIEs | Collateralized Financing Entities    
Debt Instrument [Line Items]    
Weighted Average Interest Rate   6.90%
[1] Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to Redwood Trust, Inc. or its affiliates. At June 30, 2026 and December 31, 2025, assets of consolidated VIEs totaled $24,372,361 and $18,927,094, respectively. At June 30, 2026 and December 31, 2025, liabilities of consolidated VIEs totaled $22,877,902 and $17,850,175, respectively. See Note 16 for further discussion.