Home » Short Takes: New Jumbo Deal from Redwood / Sen. Corker Wants Coordination on QRM / Congresswoman Asks for Probe of Foreclosure Reviews / Existing Home Sales Hit Five-Year High
Short Takes: New Jumbo Deal from Redwood / Sen. Corker Wants Coordination on QRM / Congresswoman Asks for Probe of Foreclosure Reviews / Existing Home Sales Hit Five-Year High
Redwood Trust is set to issue its second non-agency jumbo MBS of the year, a $666.13 million security, according to a presale report released today by Kroll Bond Rating Agency. The MBS will largely consist of 30-year fixed-rate mortgages, with 51.4 percent of the originations from First Republic Bank. Plus other mortgage news briefs.