The conservative-majority justices appeared critical of the arguments from Trump’s Solicitor General D. John Sauer and expressed concern that Trump’s move could “shatter” the Fed’s independence.
The Mortgage Bankers Association, America’s Credit Unions and the Independent Community Bankers of America asked for three specific policy changes to address housing affordability.
The executive order would prevent federal agencies and the government-sponsored enterprises from facilitating the acquisition of a single-family home by a large institutional investor.