Mill Valley

Mill Valley News

  • Redwood Creates Latest Type of Risk-Share Deal for Fannie

  • Actor Robin Williams Dead in Suspected Suicide

  • Mortgage REIT Redwood Joins Home Lome Bank in Chicago

    Redwood Trust Inc., the specialist in jumbo mortgages, has gained membership in the Federal Home Loan Bank of Chicago through an insurance unit, becoming the fourth real-estate investment trust to join the network of regional lending cooperatives in a bid to improve its financing.

  • Alabama Football Dominance Powered by Bear Bryant Son's Fortune

    The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and an anti-gravity treadmill that’s more NASA than Nautilus. Coach Nick Saban goes over the finer points of football with his team in a 212-seat theater with a multiplex-sized screen. After practice, players shoot pool or kick back on a leather couch with a video game, Bloomberg Markets magazine reports in its January issue.

  • Green Toys Expands into Housewares, Will Keep Sourcing Locally

    In 2006, Robert von Goeben , a venture capitalist turned electronic toy designer in San Francisco, contemplated shifting course again. Instead of making more gizmos that required electricity and intricate parts, he’d listen to his wife and create a simpler line that would appeal to parents who identified with the green movement. “An Inconvenient Truth,” former Vice-President Al Gore ’s Oscar-winning documentary on global warming, was attracting mainstream attention. Organic foods and household items billed as environmentally friendly were flying off shelves in supermarkets. “Children’s products were the next domino to fall,” he says.

  • Redwood Trust, Citigroup End Two-Year Residential Mortgage-Bond Drought

    Redwood Trust Inc. and Citigroup Inc. partnered to create the first new-mortgage securities without government-backed guarantees in more than two years, selling $222.4 million of the debt at lower yields than initially offered.

  • Redwood’s Perfect Score Shows Jumbo Bank Draw: Mortgages

    Redwood Trust Inc. is having a spectacular run. Its shares have returned almost 85 percent in the past year and there have been zero defaults among the $4 billion of jumbo loans it packaged and sold as bonds since 2010.

  • Redwood Sells Fifth Mortgage Bonds Since 2008 as Sales Thaw

    Redwood Trust Inc. sold bonds tied to about $325 million of new home loans in the fifth offering of securities without government backing since the market froze in 2008, according to a person with knowledge of the transaction.

  • AT&T, Sony/ATV, Watson Pharmaceuticals, Apple, CBGB: Intellectual Property

    Internet-service providers including AT&T Inc., Verizon Communications Inc. and Comcast Corp. promised to take a more active role in fighting online piracy in an agreement with the entertainment industry announced yesterday.

  • Redwood, PennyMac Plan Securitizations of Mortgages Without U.S. Backing

    Redwood Trust Inc. , the jumbo- mortgage specialist, and PennyMac Mortgage Investment Trust , the buyer of troubled debt, each plan to complete securitizations next quarter, showing a limited revival in the packaging of home loans into bonds without government-backed guarantees.

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