EX-FILING FEES

Calculation of Filing Fee Tables

 

Form S-3
(Form Type)

 

Redwood Trust, Inc.
(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

   Security Type  Security
Class
Title		  Fee
Calculation
or Carry
Forward Rule		  Amount
Registered		   Proposed
Maximum
Offering Price
Per Unit		   Maximum
Aggregate
Offering Price		   Fee Rate   Amount of
Registration Fee		   Carry
Forward
Form Type		   Carry
Forward
File Number		   Carry
Forward
Initial
effective date		    Filing Fee
Previously Paid
In Connection
with Unsold
Securities
to be Carried
Forward		  
Newly Registered Securities  
Fees to Be Paid  Equity  Common Stock, $0.01 par value per share  457(c)   6,158,931   $10.51(1)   $64,730,365 (1)    0.0000927   $6,001                      
Fees Previously Paid  N/A  N/A  N/A   N/A    N/A    N/A         N/A                      
Carry Forward Securities  
Carry Forward Securities  N/A  N/A  N/A   N/A         N/A              N/A    N/A    N/A     N/A  
   Total Offering Amounts          $  64,730,365 (1)        $6,001                      
   Total Fees Previously Paid                       N/A                      
   Total Fee Offsets                      $6,001                      
   Net Fee Due                      $0.00                      

 

Table 2: Fee Offset Claims and Sources

 

   Registrant or
Filer Name		  Form or
Filing Type		  File
Number		  Initial
Filing Date		  Filing Date  Fee Offset
Claimed		   Security Type
Associated with
Fee Offset Claimed		   Security Title
Associated with
Fee Offset Claimed		   Unsold
Securities
Associated with
Fee Offset Claimed		   Unsold Aggregate
Offering Amount
Associated with
Fee Offset Claimed		   

Fee Paid with
Fee Offset Source

  
Rules 457(b) and 0-11(a)(2)  
Fee Offset Claims     N/A  N/A  N/A     N/A                         
Fee Offset Sources  N/A  N/A  N/A     N/A                          N/A  
Rule 457(p)  
Fee Offset Claims  Redwood Trust, Inc.  S-3ASR  333-263301  March 4, 2022     $6,001(2)   (2)   (2)   (2)   (2)        
Fee Offset Sources  Redwood Trust, Inc.  S-3ASR  333-263301     March 4, 2022                            $ 644,332 (2)

 

(1)Estimated in accordance with Rule 457(c) under the Securities Act of 1933, as amended (the “Securities Act”), solely for the purpose of calculating the amount of the filing fee. The maximum offering price per security and the maximum aggregate offering price are based on the average of the $10.63 (high) and $10.39 (low) sale price of Redwood Trust, Inc.’s common stock as reported on the New York Stock Exchange on March 3, 2022.

 

(2)On March 4, 2022, the Registrant filed a Registration Statement on Form S-3 (Registration No. 333-263301) and, in accordance with Rules 456(b) and 457(r) under the Securities Act, deferred payment of the entire registration fee, except for $658,130 of unused filing fees (the “Unused Filing Fees”) previously paid with respect to unsold securities having an aggregate initial offering price of $4,825,005,547 in connection with the filing of Registration Statement on Form S-3 (Registration No. 333-185882-01), which was initially filed by Sequoia Residential Funding, Inc. and Sequoia Mortgage Funding Corporation on January 4, 2013, and Registration Statement on Form S-3 (Registration No. 333-189370), which was initially filed by Sequoia Residential Funding, Inc. and Sequoia Mortgage Funding Corporation on June 14, 2013. Offerings under these prior registration statements were completed and the registration statements expired. Pursuant to Rule 457(p) under the Securities Act, the Unused Filing Fees were to be applied to fees payable pursuant to Registration Statement on Form SF-3 (Registration No. 333-211339), which was initially filed by Sequoia Residential Funding, Inc. on May 13, 2016. No offerings under this prior registration statement were completed and the registration statement expired. Pursuant to Rule 457(p) under the Securities Act, the Unused Filing Fees were to be applied to fees payable pursuant to Registration Statement on Form S-3 (Registration No. 333-231338), initially filed by Redwood Trust, Inc. on May 9, 2019 and amended on March 12, 2021. Offerings under this prior registration statement were completed and, pursuant to Rule 457(p) under the Securities Act, the Unused Filing Fees will be applied to the fees payable pursuant to Registration Statement on Form S-3 (Registration No. 333-263301) and its related prospectus supplements on a pay-as-you-go basis. On March 7, 2022, the Registrant filed a prospectus supplement and offset filing fees then due by $13,798. As a result, a filing fee offset of $644,332 remains available to offset the current filing fee. The Registrant is offsetting the filing fee due under this prospectus supplement by $6,001, with $638,331 remaining to be applied to future filings from this fee offset source.