'Not a profit center for Wall Street': Lawmakers take on 'greedy' hedge funds accused of 'gobbling up' homes and fueling the affordable housing crisis. Are…

'Not a profit center for Wall Street': Lawmakers take on 'greedy' hedge funds accused of 'gobbling up' homes and fueling the affordable housing crisis. Are…

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A cohort of lawmakers in Washington believe they’ve found a partial solution to America’s affordable housing crisis: “Kick hedge funds out of the housing market.” Earlier this month, Democrats Rep. Adam Smith of Washington and Sen. Jeff Merkley of Oregon introduced a bill in both houses of…

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