California lawmaker draws correlations between rental bonds, which are funding investment firms' purchase of tens of thousands of rental homes, and securitization of subprime mortgages.
By John Gittelsohn, Bloomberg, Heather Perlberg, Bloomberg|January 31, 2014 at 07:47 AM
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Mark Takano saw how subprime mortgages devastated his hometown of Riverside, California, after Wall Street helped inflate a housing bubble that burst and left a trail of foreclosures among the worst in the U.S.
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