Sun Jun 16 14:59:40 EDT 2024
Home#ForeclosurepediaNationHeavy Weighted Hedge Funds Deferring Rehabs While Collecting Labor

Heavy Weighted Hedge Funds Deferring Rehabs While Collecting Labor

Are Hedge Funds Collecting Data And Waiting Out Pricing?

Over the course of the pandemic, as the Mortgage Field Services Industry has experienced extreme contraction coupled with over 70% Labor attrition according to the National Association of Mortgage Field Services (NAMFS), private label hedge funds such as Invitation, Hudson Homes, and Main Street Renewal became safe havens for Labor. As both fuel and inflation began to raise, that haven has substantially shrunk. More on point, though, in light of the feeding frenzy surrounding the collapse of the Zillow portfolio, the race to capture assets by the aforementioned as . . .

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