If all goes as scheduled, the most prolific issuer of jumbo mortgage-backed securities since 2010 won’t issue a jumbo MBS in the first quarter of 2014, the first quarterly blank for the firm since the end of 2011. Redwood is planning to issue a $347.30 million jumbo MBS on April 2; the deal priced this week. It’s the first jumbo MBS from the real estate investment trust since November. Officials at Redwood said a lack of demand from investors has limited issuance of jumbo MBS ...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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