Trump Moves to Curb Wall Street's Single-Family Home Purchases

President Trump issued an executive order to curb institutional investors buying single-family homes, directing agencies to block government-backed loans and incentives that would enable such purchases. The order will define “large institutional investor” and “single-family home” within 30 days and carve out build-to-rent projects, while also exploring options like allowing 401(k) withdrawals for down payments and government-backed mortgage bonds totaling about $200 billion, a step framed to address housing affordability ahead of Davos.