President Donald Trump said he is reestablishing the American Dream of homeownership, but one of his most recent housing policy proposals may put the dream even more out of reach, experts say.
Speaking Wednesday at the World Economic Forum meeting in Davos, Switzerland, Trump touted his barrage of recent housing policy executive orders, including preventing institutional investors from buying single-family homes and attempting to lower mortgage rates by directing government-controlled mortgage finance firms Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities.
