The Federal Home Loan Mortgage Corporation purchases lopsided mortgages to increase the supply of affordable housing. Instead, the practice is propping up the latest slumlord business model.

www.thenation.com

The Federal Home Loan Mortgage Corporation purchases lopsided mortgages to increase the supply of affordable housing. Instead, the practice is propping up the latest slumlord business model.

www.thenation.com

L. Rhodes@beehaw.org to

Politics@beehaw.org · 1 year ago

How Freddie Mac Helps Private Equity Profit From Tenant Misery

www.thenation.com

Overloaded with debt, with maintenance and repairs cut back to the bone, tenants are being bled dry to make millions for speculators—with a crucial assist from the Federal Home Loan Mortgage Corporation.

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