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Trump heads to Davos with housing ideas as industry looks for concrete fixes

Housing industry participants will closely watch President Donald Trump in Davos, where he is expected to outline measures aimed at improving housing affordability. His speech is expected for Wednesday.

Potential initiatives include ideas Trump has already floated on social media, such as encouraging Fannie Mae and Freddie Mac to expand their purchases of mortgage-backed securities (MBS), banning large institutional investors from acquiring single-family homes, and allowing savers to tap 401(k) funds penalty-free for use as a down payment. 

Some of these measures are already taking shape. The government-sponsored enterprises (GSEs) have expanded their MBS portfolios, with details ⇒

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