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While existing home sales experienced a major month-over-month decline in November above what was expected due to seasonality, the single-family rental market was alive and well during the month with higher-trending retention rates and generally stable or lower delinquency and vacancy rates, according to data reported by Morningstar Credit Ratings in its December 2015 Single-Family Research: Performance Summary Covering All Morningstar Rated Securitizations.

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