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Home » Redwood Prepares to End Drought of New Jumbo MBS in Deal Backed by TRID Loans
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Redwood Prepares to End Drought of New Jumbo MBS in Deal Backed by TRID Loans

June 3, 2016
Redwood Trust is preparing to issue a $344.89 million jumbo mortgage-backed security next week, according to a presale report from Kroll Bond Rating Agency. Most of the mortgages in the planned deal are subject to the TRID mortgage disclosure rule. The combined Truth in Lending Act/Real Estate Settlement Procedures Act rule from the Consumer Financial Protection Bureau took effect in early October. Since then, only one jumbo MBS has included TRID loans ...
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