Thursday, February 11, 2016

Redwood Trust shifts away from Fannie, Freddie conforming loans

Seeking to rid itself of two business segments that are dragging on the REIT’s bottom line, Redwood Trust announced recently that it will be discontinuing the acquisition and aggregation of conforming loans for sale to Fannie Mae and Freddie Mac, and will also discontinue commercial loan originations for distribution in commercial mortgage-backed securities.

from Byrd Mix http://ift.tt/20r3oQW via byrd memphis developer


from Tumblr http://ift.tt/1QbbdKS

No comments:

Post a Comment