Castlelake and Redwood Trust Announce Strategic Joint Venture to Purchase up to $8 Billion of Prime Jumbo Mortgage Loans [TheStreet.com]
Redwood Trust, Inc. (RWT)
Last redwood trust, inc. earnings: 2/27 04:16 pm
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Source: TheStreet.com
MINNEAPOLIS and MILL VALLEY, Calif. April 29, 2026 /PRNewswire/ -- Castlelake, L.P. ("Castlelake"), a global alternative investment firm specializing in asset-based private credit, and Redwood Trust Inc. (NYSE: RWT) ("Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today announced the formation of a strategic joint venture designed to support the continued growth of Redwood's Sequoia platform and provide Castlelake with programmatic purchasing power for fully documented prime jumbo mortgage loans. The joint venture contemplates purchasing up to $8 billion of Sequoia-sourced prime jumbo loans, with flexibility to scale as opportunities emerge, including the acquisition of seasoned loans from bank balance sheets. Under the joint venture, Sequoia will source, aggregate, and diligence loans that meet defined eligibility criteria, with the aim of supporting consistent execution and high-quality asset selection. "Castlelake is pleased to pa
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News
- Castlelake and Redwood Trust Announce Strategic Joint Venture to Purchase up to $8 Billion of Prime Jumbo Mortgage LoansPR Newswire
- Redwood Trust Announces Date of First Quarter 2026 Financial Results Webcast and Conference CallBusiness Wire
- Redwood Trust (RWT) was downgraded by Zacks Research from "strong-buy" to "hold".MarketBeat
- Redwood Trust (RWT) was downgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=RWT&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "hold" to "MarketBeat
- Redwood Trust (RWT) had its price target lowered by Piper Sandler from $6.50 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
RWT
Earnings
- 2/11/26 - Beat
RWT
Analyst Actions
- 2/18/26 - Citigroup Inc.
RWT
Sec Filings
- 4/29/26 - Form 8-K
- 4/15/26 - Form 4
- 4/15/26 - Form 4
- RWT's page on the SEC website