Single-family rental operator Invitation Homes expects to enter into its previously announced $1 billion financing agreement with Fannie Mae sometime in the second quarter, using the net proceeds to pay down loans racked up while issuing MBS. According to an update provided in a new 10-K filing with the Securities and Exchange Commission, Invitation – which went public earlier in the year – will “repay all remaining amounts outstanding under our mortgage loan relating to the IH1 2014-1 securitization and approximately $529.0 million of our mortgage loan relating to the IH1 2014-2 securitization.” Grubstaked by The Blackstone Group, IH has been...