Rebecca Picciotto

Factory-built homes are cheaper and quicker to produce, according to builders.

So the House and Senate bills are taking some actions to amend building codes to make it easier for builders to pursue a factory-built construction model.

Yeah.

So both bills are focused primarily on boosting supply, but they do include some demand-side levers.

Both housing packages direct federal agencies to expand access to small-dollar mortgages, generally less than $150,000, though that can vary.

Private lenders tend to not pursue small-dollar mortgages as much because it can be less profitable.

Both bills also are experimenting with a potential pilot program.

Certain low-income families would feed a portion of their rent payments into a savings account that could be eventually used for a down payment or some other kind of big life cost.

They don't currently.

The House passed their bill earlier in February that did not include the investor ban despite White House requests to do so.

Now the White House has their eye on this Senate bill, which is currently being renegotiated to add the amendment.

Once the Senate passes their version, both the House and Senate will come together and try to reconcile these two packages into one bill, which they will send to the president's desk in hopes of it getting signed into law.

That was WSJ reporter Rebecca Picciotto.

Congressional Republicans who are on the House Financial Services Committee and the Senate Banking Committee, committees that would need to approve any kind of amendment, they're still waiting on the White House to come up with definitions for institutional investor and single-family home before they decide whether they're going to pursue legislation.

The other thing is that there's some just deep ideological opposition.

You know, a lot of these traditional Republicans—

have like free market values and don't believe that the government should dictate what a business can or can't buy.

The Wall Street investor ban that Trump is proposing has been long championed by some Democrats like Senator Elizabeth Warren.

And so the idea of jumping into agreement with that side is not necessarily true.

Something that all of these congressional Republicans are getting on board for.