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Wall Street is collecting rent payments

Wall Street wants your rent. Redwood Trust, one of Wall Street’s largest securitizers of mortgage bonds, is now packaging bonds backed by rent payments. The move marks a broader interest by Wall Street in rental properties amid of rise of home purchased by institutional landlords, rather than families or individual owners. Doubling down on this bet, in October, Redwood paid $ 490 million to purchase CoreVest American Finance LLC, which is a lender to landlords. And


The Real Deal New York

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