Press Release

Morgan Lewis Advises Redwood on Closing of Inaugural Medical Professionals Loan Securitization

March 26, 2026

MILL VALLEY, CA and WASHINGTON, DC, MARCH 26, 2026: Morgan Lewis represented Redwood Trust Inc. (NYSE: RWT) and its Sequoia business line in the closing of SEMT 2026-MED1, Sequoia’s inaugural medical professionals loan securitization. This $482 million rated RMBS securities offering was collateralized by a pool of more than 600 mortgage loans made to healthcare professionals. The loan product is designed to serve early-career physicians, dentists, residents, and other medical professionals with strong earning potential but unconventional credit and underwriting profiles.

Redwood Trust is a seasoned securitization issuer of RMBS. A specialty finance company and real estate investment trust (REIT) founded in 1994, Redwood is focused on investing in, securitizing, and providing liquidity to the US housing market, particularly for nonconforming residential, business-purpose, and multifamily loans. Sequoia, one of Redwood’s three business lines, is the company’s jumbo mortgage platform, and with the closing of SEMT 2026-MED1 Morgan Lewis has now assisted Sequoia in the securitization of nine distinct product types.

Morgan Lewis partners Asa (“Geordie”) Herald and Greg Mottla and associates Eric Karian, Maya Jackson, Carson Bailer, Alex Johnson, Lexi Murman, and Brianna Stammetti are advising Sequoia, with partner Sarah Nelson and associate Ester Lee, partners Julie Stapel and Michael Richman and associates Gena Yoo and Naina Kamath, partner Kevin Biron and of counsel Bryan Goff, and senior counsel Jerry Parker.

For more, read Redwood’s announcement.