Redwood Trust Inc.
Sector: Finance, Insurance, And Real Estate
Industry: Trading
6.50
0.07
(1.09%)
Volume:
475,210
52 week range:
5.07 - 7.76
Market Cap:
850.475M
Company Description:
Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The Residential Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. The Investment Portfolio segment invests in securities retained from residential mortgage-backed securities issued by third parties. The company qualifies as a real estate investment trust for federal income tax purposes.