Key facts
- The 21st Century Road to Housing Act has been enacted by Congress.
- A previous Senate provision requiring institutional investors to sell homes within seven years has been removed.
- Insurers are interested in the loans associated with single-family home investments.
The 21st Century Road to Housing Act, recently enacted by Congress, has removed a provision that previously required some institutional investors to sell single-family homes within seven years of purchase. This change is seen as positive news for investors in the US housing market and may also benefit insurers, who are reportedly interested in the underlying loans associated with these properties.