The Executive Order issued on January 20, 2026, titled "
Stopping Wall Street From Competing with Main Street
Homebuyers," directs a coordinated federal response to
limit the use of federally backed programs in facilitating the
acquisition of single‑family homes by large institutional
investors. Within 30 days of the Order, the Secretary of the
Treasury—working in consultation with the Assistant to the
President for Economic Policy—is required to develop formal
definitions of both "large institutional investor" and
"single‑family home" for purposes of implementation
across federal agencies.
Within 60 days of the Order, the Secretary of Agriculture, the
Secretary of Housing and Urban Development, the Secretary of
Veterans Affairs, the Administrator of General Services, and the
Director of the Federal Housing Finance Agency are directed, as
appropriate, to issue guidance preventing federal agencies and
government‑sponsored enterprises from, among other