Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.

Back on January 7, President Donald Trump announced: “I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it.” On January 20, Trump went further, outlining elements of the proposed “ban.”

The order directed multiple federal agencies—including HUD, the Department of Agriculture, the VA, the GSA, and the Federal Housing Finance Agency—to issue guidance........

© Fast Company