Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
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Items Tagged with 'Redwood Trust'

ARTICLES

Redwood Trust champions non-QM securitizations

"Satisfied with the execution and investor reception"
Brena Swanson
Positive news for lenders since most lenders are opting to keep non-QM loans on their books, hoping that the demand from investors will come. Well, it has come.
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Redwood Trust misses earnings estimates

Posts $16M 2Q net income
Brena Swanson
The real estate investment trust failed to meet earnings expectations, reporting a second-quarter net income of $16 million, of $0.18 per share.
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Wells Fargo: Chicago home loan bank seeks Ginnie Mae alliance

Redwood Trust also plans joint venture
Jacob Gaffney
"Details are not known yet; however, based on news reports, this program could result in additional GNMA residential mortgage backed securities supply," said a research report from Wells Fargo.
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Redwood Trust brings second jumbo RMBS to market

Are the floodgates about to open?
Ben Lane
Kroll Bond Ratings Agency has issued its presale ratings for SEMT 2014-2 and has awarded AAA ratings to the vast majority of the $306 million deal.
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Future remains bright for Redwood Trust

Brena Swanson
“Redwood continues to be one of the only ways to play a return of private capital in the mortgage market, and we see significant upside to both earnings and dividends in the years to come even is the timeline is extended out,” a FBR report stated.
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Redwood Trust posts $12M 1Q2014 income

Mortgage business income continues to shrink
Trey Garrison
Redwood Trust missed analyst estimates significantly in the first quarter as mortgage business shrinks.
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Redwood breaks RMBS drought ahead of schedule

Didn't expect issuance until 2H14
Jacob Gaffney
The once regular private issuer of jumbo mortgage bonds said it was looking to place a new RMBS in the second half of the year. The latest deal, then, is a little ahead of that schedule.
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ING bond sale may help rescue slow private mortgage bond market

Only $1.15 billion worth of legacy paper remains
Brena Swanson
One of the remaining signs of life in the non-agency market: the US Non Agency RMBS marketplace is gearing up to bid on approximately $1.15 billion worth of legacy paper, the last of its kind, on Thursday March 13.
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Will the private RMBS market rebound in the second half?

Maybe, if Redwood starts issuance again
Brena Swanson
The boom of the non-agency market is turning into a slow crawl as investors turn elsewhere for more profit. But are they making the right choice?
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Stocks up ahead of Friday’s jobs report

Redwood gets favorable nod from FBR Capital Markets
Trey Garrison
The HW 30 and most of the indices finished Thursday higher, with the S&P 500 hitting its record for the 50th time in the past year. The Nasdaq was dragged down by declines in biotech companies.
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