Diane Tomb is the executive director of the National Rental Home Council, the non-partisan organization dedicated to advocating on behalf of the 16 million home single-family rental industry on legislative, regulatory and capital market matters.
This September, as we recognize the second annual National Renters Month, it is time that we talk about treating renters as we have treated homeowners for years. At the National Rental Home Council, we believe that all renters deserve the same opportunities that homeowners have, regardless of why they rent.
Single-family rental homes have long been an important piece of the housing economy and in recent years have taken on new importance. Following the housing crisis, more Americans and their families are choosing to rent and have decided that a single-family home is the best option to fit their needs.
[Expert commentary] Opposition to the recent decisions by Fannie Mae and Freddie Mac to support the single-family rental market has perpetuated a misguided view that GSE support of the single-family rental home market runs counter to the goal of helping homebuyers. Here's the reality.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.