“In 10 states, our purchases already equal or exceed amounts in those geographies in each of 2018 and 2019,” Redwood said of its acquisitions of jumbos in 2021. “Loan purchases in these 10 states represent almost 30% of our year-to-date 2021 volume.”
In an interview with Inside Mortgage Finance, CampusDoor Chief Executive Officer Steve Winnie declined to say exactly what the new rate might be, but offered up this ray of hope: “We’ll be competitive.”