Q&A: Takano takes on rental securitizations

Mark Takano right size
By Matthew Scully
08 May 2014

US Congressman Mark Takano is urging regulators to intensely scrutinise securitizations of single-family rental properties, such as the deal American Homes 4 Rent is marketing this week. He fears that institutional investors are pushing out first-time homebuyers and that these dynamics could introduce new risks into the public markets, just as housing begins to recover. He spoke with GlobalCapital’s Matt Scully about his concerns.

Investors are beginning to acknowledge Takano’s claims. Next week, investors, lenders and potential new entrants to the rental investment market will meet in Boca Raton, Florida to discuss the nascent market, which many believe could grow to be as big as $2.8tr. One panel will specifically discuss the ...

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