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Renters Group: Hedge fund sucks $40M out of N Mpls

The largest renter of single-family homes in the U.S. has ‘extracted’ $40 million dollars in wealth from neighborhoods in North Minneapolis, according to a report from two renters' rights groups.

United statesCity of minneapolisKeith ellisonMinnesota demographic centerNorth minneapolisFront yard residentialTwin citiesUnited rentersPrivate equity stakeholder projectMinnesota demographicMinneapolis federalAttorney general keith ellisonProgress residentialHouse homeHennepin county

Susan Du

Susan Du
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Commons parkUnited statesLake hiawathaLake of the islesCarver countyLake nokomisNorth commonsGrand casablancaLoring parkMinnesota correctional facilityRoosevelt high schoolMethodist hospitalHennepin countyMinnehaha creekOak lakeUniversity of minnesota

Ocwen, Wells triumph in ERISA case

A pension fund looked to impose a fiduciary duty regarding a mortgage securitization instrument, but a federal judge said no.

New yorkUnited statesVernon broderickDepartment of laborDistrict courtWells fargoOcwen financial servicesConsumer financial protection bureauNational mortgage newsUnited foodCommercial workers unionEmployers midwest pension fundFront yard residentialEmployee retirement income securityJudge vernon broderickFederal district court

Landlord reaches agreement with Minneapolis to clean up run-down properties

After years of complaints, the City of Minneapolis is now forcing its largest landlord of single-family homes to clean up some of its properties.

United statesNew yorkCity of minneapolisKeith ellisonShanika hendersonFront yard residentialUnited rentersYard residentialHaven brickMinnesota attorney general keith ellisonHennepin county

Minneapolis imposes lengthy conditions on troubled corporate landlord

Hedge fund-owned Front Yard Residential, managed locally by HavenBrook Homes, must submit to additional regulations to keep its rental licenses.

New yorkUnited statesCity of minneapolisScott beckKeith ellisonCity councilFront yard residentialYard residentialPretium partnersFront yardWall streetHavenbrook homesUnited rentersHavenbrook homeAttorney general keith ellison

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