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Volume 2018 - Number 2

January 26, 2018

Redwood Increases Net Income, Plots Growth

Net income per share at Redwood Trust increased in 2017 as the real estate investment trust put an emphasis on expanded-credit mortgages and is poised to further diversify its residential mortgage activities. The real estate investment trust estimated that its net income per share will fall somewhere in the range of $1.57 to $1.63 for 2017, up from $1.54 per share in 2016. The REIT added that its average return on equity will be in the range of 11.6 percent to 12.1 percent in 2017 compared with ...

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