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Wells Fargo sells most of its commercial mortgage servicing to Trimont

Housing Wire

Wells Fargo has agreed to sell most of its commercial mortgage servicing portfolio to Atlanta-based Trimont. The deal is expected to make Trimont the largest servicer of multifamily and commercial loans in the U.S. The transaction includes only Wells Fargo’s non-agency, third-party commercial mortgage servicing (CMS) business.

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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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Private-label securities are in demand as investors bet Fed peak is reached

Housing Wire

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” Non-QM mortgages include loans that cannot command a government, or “agency,” stamp through Fannie Mae or Freddie Mac. My guess is we’ll do 10 or 11 deals this year in the $5.5

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FOA agrees to sell commercial lending business to Roc Capital

Housing Wire

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The terms of the deal do not include the FOA commercial vertical’s financial assets, which are comprised of loans and securitizations, according to the 8K filing.

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Stewart Louisiana expands support for commercial title, hires underwriting counsel

Housing Wire

Stewart Title of Louisiana is expanding its support for commercial real estate transactions, through the addition of Ashley Coco as the firm’s Louisiana underwriting counsel, it announced Tuesday. Before joining Stewart, Coco was the lead attorney heading the commercial services department of Commerce Title in Baton Rouge.

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What is Commercial Property Insurance? A Complete Investor Guide

The Close

When writing your company’s real estate business plan, remember that commercial property insurance is first-party coverage for your property. Well, let me tell you… What is Commercial Property Insurance? So, what is commercial property insurance? It is an important part of any real estate investor’s business.

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Transforming Commercial Real Estate Ownership for Small Business Owners

GeekEstate

Today’s showcase: Withco] Withco is a property ownership platform operating a rent-to-own model in partnership with sellers and brokers to offer small businesses institutional support in owning their property–a win-win-win for small business owners, commercial real estate, and capital markets.