Front Yard Residential (RESI) Provides Operating Update

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Go back to Front Yard Residential (RESI) Provides Operating Update

Front Yard Residential Corporation Provides Operating Update

September 8, 2020 5:01 PM UTC

CHRISTIANSTED, U.S. Virgin Islands, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Front Yard Residential Corporation (Front Yard or the Company) (NYSE: RESI) today reported the following operating metrics for August 2020:

August collections at 30 days were 99% of the trailing 12-month historical average. July collections at 60 days and June collections at 90 days were in line with the trailing 12-month historical averages.Stabilized Rental leased percentage as of August 31, 2020 continued its positive trend at 98.8%, compared with 98.7% at July 31, 2020 and 98.3% at June 30, 2020.1Stabilized Rental August average occupied days were 97.3% compared to... More