The White House announced that President Donald J. Trump signed a new executive order aimed at limiting the ability of large institutional investors to purchase single-family homes that could otherwise be bought by individual families, directing multiple federal agencies to adjust housing, lending, and oversight policies accordingly.
- The order establishes administration policy that large institutional investors should not acquire single-family homes intended for owner-occupants.
- The Treasury Department is instructed to define “large institutional investor” and “single-family home” within 30 days.
- Federal agencies, including HUD, USDA, VA, GSA, and the Federal Housing Finance Agency, are directed to issue guidance within 60 days restricting federal programs from facilitating such purchases.
- Agencies are instructed to promote sales to individual owner-occupants through first-look policies, disclosure requirements, and anti-circumvention measures.
- The Attorney General and Federal Trade Commission are directed to review institutional acquisitions for potential anti-competitive conduct.
- The White House is tasked with preparing legislative recommendations to codify the policy.
Relevant Companies
- Fannie Mae ($FNMA) – Directed to adjust federal housing finance activities to avoid facilitating institutional purchases of single-family homes.
- Freddie Mac ($FMCC) – Subject to new guidance limiting support for institutional acquisition of single-family homes through federal housing programs.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
