Redwood Trust mulls sale of mortgage-backed securities – WSJ – Redwood Trust Inc (RWT.N) is looking to float at least $200 million worth of securities backed by home mortgage loans, the Wall Street Journal said, citing people familiar with the situation. And many more stories rounded up at MortgageNewsClips. Worth the look.
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Why are existing home prices rising when sales are still so low?
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
