“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