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Treasury issues rule to bar investors from buying up single

The US Treasury is issuing a proposed federal rule on Thursday to implement one of President Trump's signature housing affordability bills to bar institutional investors from buying single-family homes.

Sources (1)· Oct 22, 1:52 PM

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Trump signs executive order geared at lowering housing, mortgage costsPresident Trump signed an executive order Thursday aiming to lower mortgage payments as elevated borrowing costs have stifled the housing market. Trump’s order directs Federal Housing Finance Agency (FHFA) Director Bill Pulte to create a pilot program to cancel insurance premiums for government-backed mortgages once a borrower has satisfied equity…
The Hill17h agoSources (2)Whole story →

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