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Redwood to Acquire Bridge-Loan Originator; Profit Declines in 1Q

May 2, 2022

Inside Mortgage Finance, Apr. 29, 2022–Brandon Ivey
Redwood Trust, a top player in correspondent acquisitions, plans to boost its involvement in business-purpose lending by acquiring Riverbend Funding, an originator based in Portland, OR, that focuses on bridge loans. Terms of the transaction, announced Thursday afternoon, were not disclosed.
https://www.insidemortgagefinance.com/articles/224469-redwood-to-acquire-bridge-loan-lender-profit-declines-in-1q?v=preview

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