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Home » Store » Non-Agency MBS » Redwood Sees Strong Growth with Jumbo Sellers

Redwood Sees Strong Growth with Jumbo Sellers

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Non-Agency MBS

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Redwood Trust is set to significantly increase the number of lenders that sell jumbo mortgages to the real estate investment trust, according to company officials, largely from a new partnership with the Federal Home Loan Banks. Redwood had 140 active sellers at the end of June. The REIT plans to start testing its high-balance loan program with the FHLBanks’ Mortgage Partnership Finance Program in the fourth quarter of this year. Redwood said about 750 of the more than ...
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