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Home » Store » Non-Agency MBS » Redwood Boosts Jumbo Volume in Third Quarter

Redwood Boosts Jumbo Volume in Third Quarter

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Non-Agency MBS

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Redwood Trust increased its acquisitions of jumbo mortgages in the third quarter, helped by strong demand for jumbo mortgage-backed securities. The real estate investment trust acquired jumbos with a total unpaid principal balance of $1.50 billion in the third quarter, up 25.0 percent from the previous period and up 15.4 percent a year ago. Officials said spread tightening helped the REIT compete with banks for jumbos. In the third quarter, Redwood closed two super-prime jumbo MBS with ...
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