An executive at Redwood Trust — the only active Jumbo MBS issuer out there — said the firm has been able to expand its business despite challenges, including the government’s continued domination of the market.

“We’ve got more loan sellers, we’ve got more investors. We’re pleased with the progress we’re making,” said Fred Matera, managing director and head of residential investment at Redwood, speaking at the Mortgage Bankers Association’s National Secondary Market Conference in New York.

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