Sunday , May 24 2020
Home / Tag Archives: single-family

Tag Archives: single-family

The Housing Vultures | by Francesca Mari

Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream David McNew/Getty ImagesA deteriorating bank-owned house, Moreno Valley, California, August 2008 “They control the people through the people’s own money.” —Louis Brandeis 1. …

Read More »

Koch makes $200M bet on Amherst Holdings’ single-family rentals

Soon after calling off a $2.3 billion deal to acquire a fellow single-family rental landlord, Amherst Holdings has landed a big investment from Koch Industries’ real estate arm. Charles Koch’s Koch Real Estate Investments has made a $200 million preferred-equity investment in Amherst’s single-family rental business, Bloomberg reported. The deal …

Read More »

KBRA Assigns Preliminary Ratings to Progress Residential 2020-SFR2

NEW YORK–(BUSINESS WIRE)–May 18, 2020– Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of Progress Residential 2020-SFR2 (Progress 2020-SFR2) single-family rental pass-through certificates. Progress 2020-SFR2 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $405. 9 million loan secured by first priority mortgages …

Read More »

KBRA Assigns Preliminary Ratings to Progress Residential 2020-SFR2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of Progress Residential 2020-SFR2 (Progress 2020-SFR2) single-family rental pass-through certificates. Progress 2020-SFR2 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $405.9 million loan secured by first priority mortgages on 2,067 income-producing single-family …

Read More »

Fannie Mae Transfers $30.7B in Single-Family UPB

Fannie Mae has completed its first two Credit Insurance Risk Transfer transactions of 2020. CIRT 2020-1 and CIRT 2020-2 together cover $30.7 billion in unpaid principal balance of 21-year to 30-year original term fixed rate loans, previously acquired from July 2019 through October 2019. Combined, these two deals transferred nearly …

Read More »