The Wall Street Journal covered Roc360’s latest acquisition of Finance of America’s flip-loan business.
Key Excerpts:
“Roc360 said it has bought Finance of America’s flip-loan business, doubling down on what has been a lucrative niche lending to real-estate investors…”
“The space is ripe for consolidation,” Mr. Raghunathan said. “We are definitely on the prowl for more deals.”
Read the full story here: WSJ Fix-and-Flip Lenders are Consolidating
