As the housing crisis worsened, foreclosed properties littered the landscape.

Last year, however, large investor groups began purchasing distressed single-family homes in bulk, then sprucing them up in order to ready them for the rental market. One of the biggest players in this new market is Blackstone Group (BX), which shelled out over $2.5 billion last year to buy 16,000 dwellings to add to its rental portfolio.

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Here are the mortgage lenders that borrowers like the most

J.D. Power’s 2019 U.S. Primary Mortgage Origination Satisfaction Study, released Thursday morning, showed that there are some lenders that customers seem to love working with more than others. Here are the ones that borrowers are partial to.

Nov 14, 2019 By

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Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By