Investor Howard Amster has disclosed beneficial ownership of 9% of Redwood Trust, adding a large new shareholder position to a mortgage-finance company already facing a separate investor’s demand that its board explore a sale. Amster reported beneficial...
Mill Valley, California-based Redwood Trust Inc. (NYSE: RWT) has appointed attorney Doneene K. Damon to its board of directors. Damon is a practicing attorney as a director of Richards, Layton & Finger P.A., a multi-disciplinary law firm based in Wilmington,...
Redwood Trust, Inc. (NYSE: RWT) has launched Aspire, an in-house home equity investment (HEI) origination platform designed to provide consumers access to their home equity without additional monthly payment obligations. The Mill Valley, California-based company plans...
Redwood Trust Inc. (NYSE: RWT) has launched a joint venture with funds managed by Oaktree Capital Management L.P. to invest in business purpose bridge loans originated by CoreVest American Finance Lender, a division of Redwood. According to the companies, the total...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
