The Trump admin bans non-citizens from getting SBA loans

Tair

American Freedman
Joined
Nov 29, 2019
Messages
9,301
Reputation
4,190
Daps
46,899
Reppin
USA
This is a good move by the Trump admin tbh.

Im more appalled that they were getting loans to begin with. wtf is up with the governance of this country?

They come here, take up spots in government, and bend the rules so that their cousins/family can take advantage of the system. They then pay people off under the table to look away.
 

cheek100

Truuu
Supporter
Joined
May 1, 2012
Messages
22,175
Reputation
6,699
Daps
79,561
you tell me
Yes, in January 2026, President Donald Trump signed an executive order aimed at restricting large institutional investors (often referred to as “Wall Street” or corporate entities) from buying single-family homes.


The executive order, titled “Stopping Wall Street from Competing with Main Street Homebuyers,” directs federal agencies (like HUD, VA, and FHFA) to issue guidance that prevents government-backed programs from approving, insuring, guaranteeing, securitizing, or facilitating the sale of single-family homes to these large institutional investors. It prioritizes individual families and owner-occupants, includes measures like “first-look” policies for foreclosed properties, and calls for reviews of acquisitions for anti-competitive practices. Trump has described it as banning large investors from buying up single-family homes to preserve them for American families and prevent the country from becoming a “nation of renters.”

:yeshrug:
 

CodeBlaMeVi

I love not to know so I can know more...
Supporter
Joined
Oct 3, 2013
Messages
40,316
Reputation
3,772
Daps
110,391
Just another dog whistle for his base. I've yet to see a tangible move by the Trump admin that aims to lower house prices, make life more affordable for US citizens in general.
That’s not how capitalism works unless it is subsidized.
 

Oatmeal

6th Man
Supporter
Joined
May 29, 2018
Messages
10,666
Reputation
5,883
Daps
69,975
Reppin
DNA-LEVEL-C
This is a good move by the Trump admin tbh.



They come here, take up spots in government, and bend the rules so that their cousins/family can take advantage of the system. They then pay people off under the table to look away.

The worst thing is that they do not hire locals, especially not local Black people.
When they do hire local the pay is minimum wage/no benefits. I know a bunch of hair store chains in my area popped up outta nowhere and all they hire is young girls to staff them. Probably paying them in "store credit" as well :francis:
 

Lord Beasley

Veteran
Supporter
Joined
Aug 2, 2012
Messages
48,858
Reputation
3,950
Daps
96,117
Reppin
469 x 972 x 702
Yes, in January 2026, President Donald Trump signed an executive order aimed at restricting large institutional investors (often referred to as “Wall Street” or corporate entities) from buying single-family homes.


The executive order, titled “Stopping Wall Street from Competing with Main Street Homebuyers,” directs federal agencies (like HUD, VA, and FHFA) to issue guidance that prevents government-backed programs from approving, insuring, guaranteeing, securitizing, or facilitating the sale of single-family homes to these large institutional investors. It prioritizes individual families and owner-occupants, includes measures like “first-look” policies for foreclosed properties, and calls for reviews of acquisitions for anti-competitive practices. Trump has described it as banning large investors from buying up single-family homes to preserve them for American families and prevent the country from becoming a “nation of renters.”

:yeshrug:
Executive order 🤣. RIGHT
 
Top