CoreLogic: Home prices rose an amazing 6.5% annually in June

CoreLogic: Home prices rose an amazing 6.5% annually in June

This marks 40 straight months of increases

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Beat company's own expectations

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Items Tagged with 'Redwood'

ARTICLES

Redwood Trust turns in “disappointing” first quarter

Net income falls from $27 million to $15 million
Low interest rates sent Redwood Trust's net income down again in the first quarter of 2015, falling from $27 million in the fourth quarter of 2014 to $15 million in the first quarter. In a letter to shareholders, Redwood’s CEO, Marty Hughes, and president, Brett Nicholas, said they were “disappointed” by the results of the first quarter.
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Redwood Trust plans to increase loan acquisitions by 67% in 2015

Net income drops $18 million in 4th quarter
Despite a "challenging" 2014, Redwood Trust plans to greatly increase its loan acquisition activity in 2015. In a letter to shareholders, Redwood CEO Marty Hughes and President Brett Nichols, said that the REIT plans to acquire $15 billion in loans in 2015, an increase of 67% over 2014.
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HW 30, REITs go through the wringer

REITs feel added pressure from negative investor sentiment
Real estate investment trust stocks stayed level after recording a steady decline Monday morning due to reports of negative investor sentiment. The rest of the HW 30 did not fare much better, with a majority of the stocks landing in the red.
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