An open secret is the best way to describe the foreclosure auction process for homes in Mecklenburg County. Held twice a week on the ground level of the Mecklenburg County Courthouse, foreclosure auctions generate interest with professional investors, curiosity seekers ...Read More »
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How much of your neighborhood is owned by Wall Street? Over the last few years, institutional investors have helped stabilize the housing market by buying up distressed homes across the country and putting them back on the market as rentals. ...Read More »
Wall Street is at it again, slicing and dicing securities, hoping to sell pieces of the pie to investors hungry for better returns. But instead of offering investors bonds backed by mortgages, private equity firms are looking at new financial ...
Tagged with: American Homes 4 Rent blackstone group Center for American Progress House Financial Services Committee invitation homes Jeb Hensarling Mark Takano Norbert Michel Patrick McHenry RealtyTrac REO-to-rental Robert Pittenger Sarah Edelman single-family rental securities Tricon Capital GroupRead More »
U.S. Rep. Mark Takano of California has asked the House Financial Services Committee to hold hearings examining the rise in investor owned rentals and the new rental-backed securities being created by Blackstone Group and American Homes 4 Rent, the two ...Read More »