RMBS

Redwood Trust is rolling out its seventh jumbo mortgage securitization of the year; the $453 million deal has greater seller diversity, less geographic concentration.

Brent Lewis has joined Hunton & Williams' structured finance and securitization practice as counsel in New York.

Freddie Mac put out the bid list for its $1 billion RMBS sale today. The GSE confirmed that sale is part of a $5 billon program it will execute in 2013.

EverBank, which recently issued its first jumbo mortgage-backed security, plans to become a regular issuer and is close to another deal.

Mexican President Pena Nieto's affordable housing policies may have negative consequences for existing private-sector RMBS, according to Fitch Ratings.

Pacifica Companies said it has selected BSI Financial two service two of its securitizations, real estate asset trust 2013-1 and asset-backed notes series 2013-1.

There are a number of possible ways for the Federal Reserve to unwind its mortgage-backed securities purchases, but reverse repurchase sales would be outcome, according to a panelits at the Mortgage Bankers Association's National Secondary Market Conference Wednesday.

Shellpoint Partners said its shelf registration initially filed with Securities and Exchange Commission last October, was declared effective today.

New Oak Capital on Monday announced its new Mortgage Credit Service business that will be based in Danbury, CT.