Volume 2014 - Number 7
March 28, 2014
Redwood to Issue its First Jumbo MBS in 4 Months
If all goes as scheduled, the most prolific issuer of jumbo mortgage-backed securities since 2010 wonít issue a jumbo MBS in the first quarter of 2014, the first quarterly blank for the firm since the end of 2011. Redwood is planning to issue a $347.30 million jumbo MBS on April 2; the deal priced this week. Itís the first jumbo MBS from the real estate investment trust since November. Officials at Redwood said a lack of demand from investors has limited issuance of jumbo MBS ...
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