Home » Archive by Tags

Articles tagged with: Housing

Fact Sheet: Wall Street Private Equity Landlords Snapping Up Apartment Buildings
May 1, 2019 – 10:18 am

Private equity owns over a million U.S. apartment units. Tenants pay a price when corporate landlords buy their buildings. In some cases, private equity buyers have pushed out lower-income tenants – through rent hikes, eviction threats, and more – to flip buildings into high-rent properties to sell for big profits.

Fact Sheet: Continuing Threat of Private Equity Investment in Single Family Rentals
April 16, 2019 – 1:39 pm
Fact Sheet: Continuing Threat of Private Equity Investment in Single Family Rentals

Wall Street private equity funds are continuing to snap up homes to pad their expanding portfolio of rental properties. Institutional investors own nearly a quarter million single-family rental homes. Wall Street landlords often hike rents, avoid repairs, gouge tenants with fees, and are more likely to evict tenants.

Joint Letter: AFR and 16 Organizations Oppose HR 2570 — A Bill Promoting Predatory Mortgage Lending
December 7, 2017 – 2:42 pm

H.R. 2570 would open the door to predatory mortgage lending by making it easier for lenders to steer homeowners into high-cost, abusive deals on certain mortgages, especially on home equity lines of credit and construction loans

Letter to Regulator: AFR, 86 organizations call for FHFA to make mortgages more accessible to people with limited English proficiency
August 1, 2017 – 4:01 pm

“As dominant actors in the mortgage industry with a statutory duty to facilitate underserved communities’ access to homeownership, we welcome the FHFA, Freddie Mac, and Fannie Mae’s consideration of steps to expand access to the mortgage market.”

Fair Housing Letter to Mortgage Settlement Monitor
March 20, 2013 – 1:12 pm

March 27, 2013
Joseph A. Smith
Office of Mortgage Settlement Oversight
301 Fayetteville St., Suite 1801
Raleigh, NC 27601
Members of the Monitoring Committee
Via electronic mail
Dear Mr. Smith and Members of the Monitoring Committee:
We write to follow up on your …

Comments on Wells Fargo CRA Exam: Servicing and Mortgage Problems
December 7, 2012 – 4:07 pm

AFR joins 10 housing groups in asking OCC to downgrade Wells Fargo for its harmful mortgage and loan servicing practices.