Wall Street Landlords 

Wall Street Landlords Buy Bad Loans for Cheaper HomesBloomberg

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7 hours ago Wall Street-backed landlords are showing a greater appetite for bad mortgages as a source for cheap property as the supply of foreclosed 

The shift to loans comes after foreclosure starts dropped to the lowest level since 2006 and house prices jumped in Atlanta, Phoenix and other markets where investors have made the most purchases. The development is raising concern among housing advocates that private equity firms and hedge funds will be more likely to take possession of the properties rather than offer loan modifications. Residents may be displaced or transformed into renters of their former houses.


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One Response to Wall Street Landlords 

  1. It has been six years since the foreclosure crisis devastated millions of American families. And now, many former homeowners are renting from Wall Street. It’s a landlord’s market, and rents are rising across the country.

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