Redwood Trust Completes Previously Announced Acquisition of Riverbend Lending

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Jul 05, 2022

Redwood+Trust%2C+Inc.(NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that it has completed the previously announced acquisition of Riverbend Funding, LLC and its subsidiaries (“Riverbend”), a best-in-class private mortgage lender to residential transitional and commercial real estate investors, in an all cash transaction. The acquisition was initially announced on April 28, 2022.