Redwood Trust Declares $0.25 Per Share Dividend For The Fourth Quarter Of 2012

Redwood Trust Declares $0.25 Per Share Dividend For The Fourth Quarter Of 2012

REDWOOD TRUST ANNOUNCES INTENTION TO INCREASE DIVIDEND TO $0.28 PER SHARE PER
QUARTER IN 2013

PR Newswire

MILL VALLEY, Calif., Nov. 13, 2012

MILL VALLEY, Calif., Nov. 13, 2012 /PRNewswire/ -- Redwood Trust, Inc.
(NYSE:RWT) today announced that its Board of Directors authorized the
declaration of a fourth quarter regular dividend of $0.25 per share. The
fourth quarter 2012 dividend is payable on December 27, 2012 to stockholders
of record on December 14, 2012.

"The payment of regular dividends remains a priority for Redwood. Our fourth
quarter dividend will mark our 54th consecutive quarterly dividend," said
Marty Hughes, Redwood's CEO.

The Board of Directors also announced its intention to increase Redwood's
regular dividend to $0.28 per share per quarter in 2013.

Mr. Hughes stated, "Our business, earnings, and cash flows have been improving
and, as a result, we are pleased to increase our regular dividend payments to
shareholders."

For more information about Redwood Trust, Inc., please visit our website at:
www.redwoodtrust.com.

Cautionary Statement: This press release contains forward-looking statements
within the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including statements relating to Redwood's
intentions with respect to 2013 regular dividends. Forward-looking statements
involve numerous risks and uncertainties. Our actual results may differ from
our beliefs, expectations, estimates, and projections and, consequently, you
should not rely on these forward-looking statements as predictions of future
events. Forward-looking statements are not historical in nature and can be
identified by words such as "anticipate," "estimate," "will," "should,"
"expect," "believe," "intend," "seek," "plan" and similar expressions or their
negative forms, or by references to strategy, plans, or intentions. These
forward-looking statements are subject to risks and uncertainties, including,
among other things, those described in our Annual Report on Form 10-K for the
year ended December 31, 2011, under the caption "Risk Factors." Other risks,
uncertainties, and factors that could cause actual results to differ
materially from those projected are described below and may be described from
time to time in reports we file with the Securities and Exchange Commission
(SEC), including reports on Forms 10-Q and 8-K. We undertake no obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.

Important factors, among others, that may affect our actual results include:
general economic trends, the performance of the housing, commercial real
estate, mortgage, credit, and broader financial markets, and their effects on
the prices of earning assets and the credit status of borrowers; federal and
state legislative and regulatory developments, and the actions of governmental
authorities, including those affecting the mortgage industry or our business;
our exposure to credit risk and the timing of credit losses within our
portfolio; the concentration of the credit risks we are exposed to, including
due to the structure of assets we hold and the geographical concentration of
real estate underlying assets we own; our exposure to adjustable-rate and
negative amortization mortgage loans; the efficacy and expense of our efforts
to manage or hedge credit risk, interest rate risk, and other financial and
operational risks; changes in credit ratings on assets we own and changes in
the rating agencies' credit rating methodologies; changes in interest rates;
changes in mortgage repayment rates; the availability of assets for purchase
at attractive prices and our ability to reinvest cash we hold; changes in the
values of assets we own; changes in liquidity in the market for real estate
securities and loans; our ability to finance the acquisition of real
estate-related assets with short-term debt; the ability of counterparties to
satisfy their obligations to us; our involvement in securitization
transactions and the risks we are exposed to in engaging in securitization
transactions; exposure to litigation arising from our involvement in
securitization transactions; whether we have sufficient liquid assets to meet
short-term needs; our ability to successfully compete and retain or attract
key personnel; our ability to adapt our business model and strategies to
changing circumstances; changes in our investment, financing, and hedging
strategies and new risks we may be exposed to if we expand our business
activities; exposure to environmental liabilities and the effects of global
climate change; failure to comply with applicable laws and regulations; our
failure to maintain appropriate internal controls over financial reporting and
disclosure controls and procedures; the impact on our reputation that could
result from our actions or omissions or from those of others; changes in
accounting principles and tax rules; our ability to maintain our status as a
real estate investment trust (REIT) for tax purposes; limitations imposed on
our business due to our REIT status and our status as exempt from registration
under the Investment Company Act of 1940; decisions about raising, managing,
and distributing capital; and other factors not presently identified.

SOURCE Redwood Trust, Inc.

Website: http://www.redwoodtrust.com
Contact: Christopher Abate, Chief Financial Officer, +1-415-384-3584, or Mike
McMahon, Managing Director, +1-415-384-3805
 
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