- Redwood Trust (RWT +3.2%) is ahead in today's session after last night announcing the formation of MPF Direct with the Federal Home Loan Bank of Chicago. MPF Direct will allow members of a FHLB to deliver residential high-balance mortgages to subsidiaries of Redwood.
- Per terms of the agreement, Redwood will be the sole investor in the program for a period of three years.
- Source: Press Release
From other sites
at CNBC.com (Aug 5, 2013)
at CNBC.com (Jun 10, 2013)
at CNBC.com (Apr 18, 2013)
at CNBC.com (Mar 11, 2013)
at CNBC.com (Aug 6, 2012)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs