EXHIBIT 21
LIST OF SUBSIDIARIES
OF REDWOOD TRUST, INC.
 
Subsidiaries*  
Jurisdiction of
    Incorporation or 
Organization    
Redwood Residential Acquisition Corporation  Delaware
Redwood Subsidiary Holdings, LLC  Delaware
RWT Holdings, Inc.Delaware
RWT Securities, LLCDelaware
Sequoia Residential Funding, Inc.**  Delaware
CoreVest American Finance Lender LLCDelaware
  
*In accordance with Item 601(b)(21)(ii) of Regulation S-K the names of certain subsidiaries have been omitted.
**Sequoia Residential Funding, Inc. is the depositor with respect to more than 30 Sequoia securitization trusts that are not listed in this exhibit, but we are required to consolidate the assets and liabilities of certain of these trusts under GAAP for financial reporting purposes.