Washington, D.C.–(ENEWSPF)–February 27, 2014. A report released today by the Center for American Progress sheds light on the potential risks tenants and communities could face if Wall Street investment companies begin buying and renting single-family homes at a faster clip. The paper, authored by CAP housing expert Sarah Edelman, details how the emergence of mortgage-backed securities tied to single-family rentals is likely to fuel the growth of this industry and affect tenants, communities, and the housing market. In the report, Edelman recommends improving regulatory oversight, increasing transparency, and strengthening tenant protections to guard against any potential downsides to these new developments.
