Point, Redwood Trust issue $139M home equity investment securitization
Housing Wire
NOVEMBER 9, 2023
Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The rating agency, which was the first to provide a rating for the asset class, published a new methodology for HEIs in July 2023. Nomura Securities International Inc.
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