REO-to-Rental | Investors Raise $8 Billion to Purchase Between 40,000 and 80,000 Previously Foreclosed Homes

“The fury in the market is the same as before. There is no need for this. It is almost like the government is forcing us back into this situation again.”

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Investors raise $8 billion for REO

Larger Wall Street investors rushing into the REO market have raised between $6 billion and $8 billion for acquisitions, according to analysts at investment bank Keefe, Bruyette & Woods.

They estimate the money raised could buy between 40,000 and 80,000 previously foreclosed homes.

“The single-family rental market has historically been a fragmented market funded with capital from retail or smaller institutional investors,” KBW analysts said. “Investor interest has increased meaningfully as the large foreclosure inventory combined with a secular shift toward renting has created the possibility of larger-scale investments in the space.”

Rest here…

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4closureFraud.org

Comments
One Response to “REO-to-Rental | Investors Raise $8 Billion to Purchase Between 40,000 and 80,000 Previously Foreclosed Homes”
  1. stripes says:

    These criminal opportunists may just get strung up from the lampposts one day for going after the stolen property of the American people. These arrogant pieces of garbage.

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