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OAKLAND, CA—Starwood Waypoint Residential Trust has closed on its seventh pool of non-performing loans, in this case a $117 million purchase of 1,441 loans. In addition, the company doesn’t appear to think supply will be an issue: it just entered into an agreement to upsize its existing $350 million warehouse credit facility with Deutsche Bank to $500 million with the additional capacity meant to finance the acquisition of–you guessed it–non-performing loan pools.

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