News: The House Financial Services Committee is planning to mark up legislation in the coming weeks that would limit the ability of large institutional investors to purchase single-family housing, according to three sources familiar with the planning.
The decision is a major victory for the Trump administration, which had to overcome significant skepticism from some of the panel’s senior GOP members. Planning remains in the earliest stages.
The markup could be noticed as soon as next week, two sources said. We scooped the news on Punchbowl News Texts earlier this morning.
