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"Wall Street Loots Federal Loans Meant for Affordable Housing"
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"Private equity firms are acquiring insurance companies that are accessing the Federal Home Loan Bank System's government-subsidized loans to invest in their own business portfolios, rather than in affordable housing. This has led to a surge in rent prices, evictions, and foreclosures, exacerbating the country's housing crisis. The system was originally established to encourage affordable mortgage lending, but has been hijacked by private equity firms seeking to maximize profits."
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