Redwood Trust

Latest On Jumbo Loans & Commercial Real Estate

For those out there rooting for the non-agency (jumbo) market to come roaring back, there is a step in the right direction. Pricing engine Optimal Blue has released Redwood Trust’s Jumbo Fixed and ARM products. Redwood has seen a solid increase in their number of clients, percentage-wise, in the last year, and with good reason.

Latest On Jumbo Loans & Commercial Real Estate

For those out there rooting for the non-agency (jumbo) market to come roaring back, there is a step in the right direction. Pricing engine Optimal Blue has released Redwood Trust’s Jumbo Fixed and ARM products. Redwood has seen a solid increase in their number of clients, percentage-wise, in the last year, and with good reason.

Rumor Mill For Small and Midsize Mortgage Banks

Redwood Trust president Martin Hughes just told the Senate Banking Committee that “the illiquid private securities market would come back if the government winds down government-seized housing giants Fannie Mae and Freddie Mac.” Redwood was the only firm to securitize any non-Fannie/Freddie (aka Jumbo, aka non-agency) mortgage backed securities during the entire financial crisis. Click

First Jumbo Mortgage Securitization of 2011! And A Word On The Budget.

The jumbo market is making baby steps. Redwood Trust Inc. is marketing a $280 million residential mortgage-backed security, the first private deal of 2011, backed by a mix of fixed-rate and adjustable-rate mortgages. According to news on the issue, the average loan size is $978,000 and the average FICO score is 775 – pretty similar

Top Regulator & Top Private Mortgage Exec Discuss Future of Lending

Scott Garrett, the chairman of the House Financial Services subcommittee on capital markets and government-sponsored enterprises said that the U.S. government needs to end its role in the mortgage market as it decides the future of Fannie Mae and Freddie Mac. “Let me stress and be very clear where I stand: I am firmly committed

Top Regulator & Top Private Mortgage Exec Discuss Future of Lending

Scott Garrett, the chairman of the House Financial Services subcommittee on capital markets and government-sponsored enterprises said that the U.S. government needs to end its role in the mortgage market as it decides the future of Fannie Mae and Freddie Mac. “Let me stress and be very clear where I stand: I am firmly committed