Congress Reps Call For An Investigation Into State’s Corporate Housing Investors
[caption id="" align="alignnone" width="1536"] A mixed-income housing project under construction in Durham. (Photo: Greg Childress)[/caption] NC Newsline - Two North Carolina congresswomen are calling for a federal investigation into a 2008 housing crisis-era program that allowed institutional investors to buy large portfolios of foreclosed homes at significant discounts on the condition that buyers rent them out. Triangle-area Democrats Valerie Foushee and Deborah Ross contend the "Real Estate-Owned to Rental" (REO)