Favorable shifts in macroeconomic conditions have contributed to a rise in single-family rentals and an increase in the investment in these properties by institutional buyers, prompting Moody’s Investors Service to release its criteria for rating the emerging single-family rental securitization market. The criteria come four months after Moody’s rated Invitation Homes 2013-SFR. The rating agency awarded $278.7 million in triple-A ratings for the largest tranche of the deal. “A slowly improving economy will boost...