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The Independent UK
The Independent UK
Business
J.R. Duren

Trump’s newest order bans Wall Street from snapping up homes - but buyers shouldn’t celebrate just yet

United States Donald Trump Executive Order

Wall Street investors eager to buy up single-family properties may have met their match.

President Donald Trump signed an executive order Tuesday banning Wall Street from buying homes. The move is the latest push from the administration to make buying a home easier for Americans after the president recently suggested he might buy $200 billion in mortgage bonds to lower mortgage rates.

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