Redwood Closes $290M Loan Securitization

Redwood Trust has closed on a $290 million loan securitization.

Redwood Trust has closed on a $290 million loan securitization. The prime jumbo residential mortgage loan securitization was sponsored by Redwood’s wholly-owned subsidiary, RWT Holdings.

The securities were sold to institutional investors by the underwriters of the offering. Credit Suisse Securities, JP Morgan Securities and Jefferies & Company were named as underwriters, with Credit Suisse Securities acting as the lead managing underwriter.

Click here for the release from PR Newswire.