Is Front Yard Residential a Buy?

Tough economic times generally spell trouble for merger activity, especially in the financial sector. For instance, we saw the merger between Simon Property Group and Taubman Centers run aground in June as a result of the COVID-19 crisis.

Front Yard Residential's (NYSE: RESI) potential acquisition by Amherst Residential LLC was another merger that fell apart as the COVID-19 crisis unfolded in the spring. Credit markets had somewhat seized up, financing became hard to get, and uncertainty about the state of the economy was the final nail in the merger's coffin.

Front Yard is now making its way as an independent single-family residential real estate investment trust (REIT). Is it safe to buy stock in the company yet? 

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Source Fool.com