Redwood kicks off 2017 RMBS calendar
Redwood Mortgage sold the first prime jumbo RMBS transaction of the year on Wednesday, pricing a $339.5m deal from its Sequoia Mortgage Trust series.
SEMT 2017-1 is being sold by Redwood Residential Acquisition Corporation and consists of first lien, prime jumbo mortgage loans.The senior ‘A1’ tranche was priced at a premium of 101-08, while the ‘A2’ class was sold at a discount of 99-02. (For full pricing details, see GlobalCapital’s ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com