Venture Capital

Redwood Trust Supports Digitization Of The Mortgage Ecosystem Through Blockchain Technology Investment

by benzinga.com posted 5months ago 185 views
MILL VALLEY, Calif., April 19, 2021 /PRNewswire/ -- Redwood Trust, Inc. (NYSE:RWT) a leader in expanding access to housing for homebuyers and renters, today announced an investment in Liquid Mortgage, a patent-pending startup that provides life-of-loan infrastructure to digitize, track documentation, facilitate payments, and record additional information on a blockchain. This is the third investment under Redwood's recently launched RWT Horizons venture investment strategy. Redwood and Liquid Mortgage ("the Companies") share a common vision of utilizing blockchain technology within the current market infrastructure, rather than attempting to reinvent it.

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