{"id":942739,"date":"2026-03-06T16:18:09","date_gmt":"2026-03-06T21:18:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/redwood-trust-announces-closing-of-aspires-inaugural-non-qm-securitization\/"},"modified":"2026-03-06T16:18:09","modified_gmt":"2026-03-06T21:18:09","slug":"redwood-trust-announces-closing-of-aspires-inaugural-non-qm-securitization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/redwood-trust-announces-closing-of-aspires-inaugural-non-qm-securitization\/","title":{"rendered":"Redwood Trust Announces Closing of Aspire’s Inaugural Non-QM Securitization"},"content":{"rendered":"

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Redwood Trust Announces Closing of Aspire’s Inaugural Non-QM Securitization<\/b><\/p>\n

MILL VALLEY, Calif.–(BUSINESS WIRE<\/a>)–
\nRedwood Trust, Inc. (NYSE: RWT; \u201cRedwood,\u201d the \u201cCompany\u201d), a leader in expanding access to housing for homebuyers and renters, today announced the closing of SPIRE 2026-1, the inaugural non-qualified mortgage (\u201cnon-QM\u201d) securitization issued through Aspire, Redwood\u2019s non-QM mortgage banking platform. The $391 million transaction marks an important milestone in Aspire\u2019s strategy to diversify its funding sources and expand its capital markets platform. Built on Redwood\u2019s decades of residential credit experience, Aspire supports a broad seller base and provides competitive pricing, streamlined operations, and a comprehensive suite of non-QM solutions tailored to the evolving needs of borrowers and investors.<\/p>\n

\n\u201cWe are thrilled to officially launch Redwood\u2019s third securitization shelf with Aspire\u2019s inaugural securitization,\u201d said Dash Robinson, President of Redwood. \u201cAspire\u2019s success reflects the strength of Redwood\u2019s reputation as a leading provider of liquidity to the non-agency mortgage market and the quality of Aspire\u2019s product suite. This momentum has been further supported by Aspire\u2019s ability to leverage the longstanding originator relationships, capital markets expertise, and operational infrastructure developed through Redwood\u2019s Sequoia platform, enabling us to scale efficiently and execute with institutional discipline from day one.\u201d<\/p>\n

\nSince launching in early 2025, Aspire has rapidly become one of the largest and most trusted non-QM correspondent platforms in the market. Over the past year, the platform has locked more than $3 billion in production across DSCR and expanded-credit programs, reflecting strong demand from bank and non-bank originators.<\/p>\n

\n\u201cAs we celebrate this milestone, we remain focused on expanding Aspire\u2019s capabilities, further growing our distribution channels, and strengthening our relationships with originators nationwide,\u201d said Jason Kopcak, Head of Aspire. \u201cWith established whole loan and securitization execution channels now in place, we are expanding how we deliver liquidity to this growing segment of the non-agency market. We look forward to building on this momentum in 2026 and beyond.\u201d<\/p>\n

Key Highlights of SPIRE 2026-1<\/b><\/p>\n