On Oct. 22, President Donald Trump signed an executive order creating a pilot program to automatically cancel private mortgage insurance for qualifying homeowners who have built enough equity, with only mortgages obtained after the program starts eligible. The order also aims to lower closing costs and mortgage rates for some borrowers, boost manufactured homes, and reduce excessive title insurance, especially in refinancing. FHFA Director Bill Pulte and HUD Secretary Scott Turner will co-chair a task force on manufactured housing innovation. Separately, Treasury proposed rules under the ROAD to Housing Act that would bar large institutional investors owning at least 350 homes from buying single-family homes starting Jan. 7, 2027, with a 30-day public comment period.
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 763.96 |
| Change that session | -1.18% |
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