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  • Chronos Solutions acquires UPF Services

    Chronos Solutions announced its latest business move, finalizing its acquisition of UPF Services. Matt Slonaker, executive vice president of sales and marketing for Chronos Solutions, first alluded to the acquisition in an interview with HousingWire back in July. Now only a few weeks later, Slonaker and Andrew Gladston, senior vice president of corporate development at Chronos Solutions, revisited with HousingWire to give the full details of the acquisition. Click the headline to read what this means for their mortgage business.

Investments The Ticker

Institutional investors target busiest cities

Major real estate investors are continuing to expand into more cities as they look for single-family homes to buy and turn into rentals, USA Today writes.

In April, institutional investors bought 10% of the houses sold in the nation's 100 busiest real estate markets, up from 5% the year before, according to real estate tracker Radar Logic.

Source: USA Today
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