2.4.0.81028 - Disclosure - Subsequent Eventstruefalsefalse1falsefalsefalseeol_PE798-----1310-Q0007_STD_181_20130630_0http://www.sec.gov/CIK0000930236duration2013-01-01T00:00:002013-06-30T00:00:001false4us-gaap_SubsequentEventsTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div>
<p style="MARGIN-TOP: 12pt; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt">
<b>Note 20. Subsequent Events</b></p>
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<p style="MARGIN-TOP: 12pt; TEXT-INDENT: 4%; FONT-FAMILY: Times New Roman; MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt" align="justify">At June 30, 2013, we had identified for
purchase $1.39 billion of residential mortgage loans that were in
various stages of the origination process with third-party
originators. Some of these loans may not ultimately close and,
therefore, would not be available for purchase. Since June 30,
2013, and through August 5, 2013, $753 million of these loans
closed and were purchased by us. During July 2013, we transferred
$7 million of these purchased loans to Sequoia entities in
connection with the consummation of two Sequoia securitization
transactions. We expect the purchase of an additional amount of
these loans to occur during the third quarter of 2013, subject to
loan availability and delivery.</p>
</div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.No definition available.false0falseSubsequent EventsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.redwoodtrust.com/taxonomy/role/NotesToFinancialStatementsSubsequentEventsTextBlock11