An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How servicers can access timely, accurate data insights

Learn how to navigate the challenges in today’s market – for example, the need for ongoing, on-demand access to near-real-time data and the ability to access those data insights in a timely and accurate manner.

Steve Murray on new brokerage models, CFPB crackdowns

Today’s HousingWire Daily features a discussion on the emergence of a new brokerage model and the validity behind the concerns against institutional investors.

Investments

SWAY becomes latest home rental investment spinoff

Starwood Waypoint will act as landlord

Starwood Property Trust (STWD) voted to spinoff its residential division, Starwood Waypoint Residential Trust.

The new spinoff, simply referred to as Starwood Waypoint or SWAY for short, will own and operate single-family rental homes and invest in non-performing residential mortgage loans (NPLs).

The new real estate investment trust will not, sources tell HousingWire, look to securitize these investments.

The spinoff is actually happening on January 24, via the distribution of common shares.

On February 3, Starwood Waypoint will trade on the New York Stock Exchange under the symbol SWAY. Starwood Property Trust will continue to trade with the STWD ticker.

Starwood Property is traditionally a commercial real estate investor, focused on some big hotel deals, with a few, smaller residential dealings.

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FHFA to make desktop appraisals permanent

Desktop appraisals, a temporary flexibility implemented in March 2020 amid lockdowns and social distancing, will become permanent, the FHFA said today.

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Mortgage execs better prepare for redlining enforcement

Since Rohit Chopra was confirmed as the new director of the CFPB in September, there’s been one particular word on the lips of mortgage executives. And it gives them chills: redlining. HW+ Premium Content

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3d rendering of a row of luxury townhouses along a street

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