Sequoia Mortgage Trust 2010-H1  - PRELIMINARY TERM SHEET at SEC.gov

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Research: First New Non-Agency RMBS Securitization in 2 Years – by Paul Jacob -  MortgageNewsClips

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Citigroup Seeks to End 2-Year Mortgage-Bond Drought - By Jody Shenn and Sarah Mulholland - Citigroup Inc. is attempting to sell $222.4 million of securities backed by new mortgages, the first transaction of its type in more than two years, people familiar with the offering said.  Redwood Trust Inc., the Mill Valley, California-based real estate investment trust that specializes in jumbo-mortgage assets, is being called the securitization’s sponsor - more details - Bloomberg BusinessWeek

Redwood, Citigroup End Two-Year Mortgage-Bond Drought - ... The company would make about 10 percent annually on its portion of the transaction if there are no defaults on the loans, said Bose George, an equity analyst at Keefe Bruyette & Woods in New York, who suggests that investors buy Redwood shares.  “The deal wasn’t done because it was hugely accretive to Redwood’s earnings, it was done to get the market moving,” he said in a telephone interview. “It opens the door up to doing more of these securitizations.” ... - Bloomberg BusinessWeek

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Redwood Trust Deal Shows Shifts in Mortgage Market - By JAMES R. HAGERTY And RUTH SIMON -  ... But the first deal off the rack in 2010 looks quite different from those sold at the peak of the housing boom. ... A comparison of the latest deal to a similar security sold by Redwood in 2007 shows just how much the market has changed. The new offering contains very high quality loans and more details about the mortgages underlying the securities and the borrowers. ... - more details - WSJ Business

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Private-Label Securitization Market Starts to Thaw with Jumbo Prime RMBS - by DIANA GOLOBAY - HousingWire 

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Redwood Trust Announces Pricing of Prime Residential Mortgage Securitization - PRNewsWire - AlphaTrade.com 

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Redwood Trust mortgage bond yield cut amid demand - By Al Yoon - Redwood Trust (RWT.N), a California real estate investment trust, on Friday cut yields on the first new residential mortgage bond in two years after seeing heavy demand, an investor familiar with the deal said.  The $222.4 million, Aaa rated, senior bonds priced at an interest rate of 3.75 percent, the investor said. Redwood and underwriters first marketed the "Sequoia Mortgage Trust" deal at a 4 percent rate, according to a term sheet. - Reuters