Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» 1Q Loss Forces Redwood to Up Liquidity, Tweak Funding
Looking to read the full article? Subscribe today!
1Q Loss Forces Redwood to Up Liquidity, Tweak Funding
May 15, 2020
Brandon Ivey
Redwood took a $943 million loss in the first quarter amid volatility from the coronavirus. The REIT laid off about 35% of its employees in April, among other adjustments.
Inside Nonconforming Markets
Securitization
Originations
Jumbo
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
Basel III, Other Rulemakings Paused Until Next Administration
Correspondents Grow Agency Market Share in 3Q24
Fed Examiners Find Multiple RESPA Escrow Account Violations
GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong
More Imf News
Featured Data
GSE CRT Up Modestly, Investors Show Strong Demand
Ginnie Loan Removals Spike in 3Q24, VA Activity Leads
Private MIs Lose Some Share in 3Q24 Refi Market Surge
Mortgage Performance Slips Further in Third Quarter
More Featured Data
Featured Reports
Top Mortgage Players: 2Q24 (PDF)
Mortgage Profitability Report 2Q24 (PDF)
Agency Channel Analysis: 3Q24 (PDF)
IMF Mortgage Directory: Full interactive database
More Latest Reports
Featured Poll
The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
No. We’re staffed just right.
Yes, we’re expecting a boom!
No. In fact, we’re still downsizing.
Yes, but only a few positions.
View Results