Redwood Trust Inc. on Wednesday began marketing the first security since 2008 backed by newly originated home loans without a federal guarantee.

Not surprisingly, given how standoffish investors have recently been about mortgage credit risk, the underlying loan pool is by most measures pristine.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.