Prior to completing the pivotal FHFA REO-to-Rental Initiative transactions in 2012, the scale of institutional involvement in acquiring single-family homes for the purpose of “rent and hold” was small to almost nonexistent. Things have certainly changed in just over a year. Anyone who has read just one of the many articles appearing in Mortgage Servicing News and other financial publications during the past several months is familiar with the players, their target markets and their voracious appetites to place the billions of dollars they have raised through the private and public markets. … (0 comments)
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