(June 2015) A survey of 80 community based nonprofit organizations finds Wall Street’s latest profit scheme of buying and renting foreclosed homes (REO to Rental) is hurting neighborhoods throughout California. The report, based on a survey of 80 community-based nonprofits, finds long-term tenants are being displaced, first time homebuyers are losing to all-cash offers by investors, and communities are being destabilized.

Read CRC’s Op-Ed about this report here: ROOFLINES: REO to Rental: Wall Street’s Latest Idea Hurts California Communities.