Mortgage securitization done right: Redwood Trust (RWT) expects to bring to market its 6th RMBS...

|About: Redwood Trust Inc (RWT)|By:, SA News Editor

Mortgage securitization done right: Redwood Trust (RWT) expects to bring to market its 6th RMBS deal of the year in Q4, with Fitch having given the majority of the tranches an above "investment-grade" rating. The package is backed by 358 home loans with total balance of $301.46M. All loans are fully documented and the average FICO score is 771.