General World News

Conforming loan limits draw scrutiny

HW+ Fannie Mae building

Redwood Trust Inc. has long been a major player in the private-label securitization market, and it sees a looming problem brewing in the housing industry.

That issue is about boundaries — specifically, the line drawn between the roles of private industry and the government in the housing market.

Redwood completed more than $1 billion worth of private-label securitizations involving jumbo and business-purpose loans in the third quarter of this year alone, U.S. Security and Exchange Commission filings show. The company, through its Sequoia program, has been particularly adept at working in the jumbo loan market — securitizing some details ⇒

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