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Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:07 EDTSWAYStarwood Waypoint Residential acquires pool of approx. 500 non-performing loans
Starwood Waypoint Residential Trust announced that it completed the $101.3M purchase of a non-performing loan pool from a money-center bank. The non-performing loan portfolio is comprised of 494 non-performing first lien mortgages representing approximately $150.9M of UPB and $158.2M of estimated BPO value. The purchase price equates to 67.2% of UPB and 64.0% of BPO value. The transaction was funded with proceeds from a $350M warehouse credit facility with Deutsche Bank A.G.
News For SWAY From The Last 14 Days
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October 16, 2014
10:01 EDTSWAYOn The Fly: Analyst Initiation Summary
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06:19 EDTSWAYStarwood Waypoint initiated with an Outperform at JMP Securities
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October 14, 2014
09:41 EDTSWAYCitadel Advisors reports 5.4% passive stake in Starwood Waypoint
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