FirstKey Holdings in Rye Brook, N.Y., has formed a business unit to manage single-family rental homes.
FirstKey Homes earlier this month assumed management of about 4,200 rental homes in Florida, Illinois, Indiana, Missouri and Tennessee, according to a Wednesday
FirstKey obtained the management of the homes through their
The homes previously had been owned by Building & Land Technology and had been managed by BLT Homes in Aurora, Ill.
Calls for foreclosure prevention advice jumped upward by almost 30% from a year ago and helped fuel overall consumer distress levels to a five-year high.
The Bureau of Economic Analysis said the consumer price index rose to 0.3% in June to an annualized rate of 2.7%, making the case to cut interest rates more difficult for the Federal Reserve to justify at its next meeting later this month.
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago. Total assets, which had been restricted to $1.95 trillion under a government penalty, were $1.98 trillion on June 30.
Chairman and CEO Jamie Dimon said in a Tuesday statement that "the U.S. economy remained resilient" during the second quarter, adding that the recent tax cuts and potential deregulation are "positive for the economic outlook."
Bank of New York Mellon's net income, revenue and earnings per share all surpassed Wall Street's estimates in the second quarter of 2025.
States have passed new laws and hired ex-bureau staff, but some suggest the shift is more evolutionary than revolutionary.
