Redwood Trust Inc. announced the closing of SPIRE 2026-1, Aspire’s inaugural non-qualified mortgage (non-QM) securitization. The issuance totaled $391 million and is backed by 752 loans; it is rated by S&P Global, Fitch Ratings and Kroll Bond Rating Agency, with Morgan Stanley & Co. LLC serving as sole-structuring agent and sole-bookrunner.
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