President Donald Trump is now openly pushing to make homeownership more attainable by calling for lower mortgage rates and directing the federal government to buy $200 billion in mortgage bonds, a step he argues will help pull borrowing costs down from current levels near 6% on a 30‑year loan. He is also urging Congress to cap credit card interest rates at 10% for a year, down from an average near 21%, to help households save faster for down payments. At the same time, he is seeking to ban large instituti ...

President Donald Trump's administration is reportedly considering a ban on large institutional investors buying single-family homes to help alleviate the housing affordability crisis. The proposal is titled “Trump Homes” and could involve some 1 million houses. With this proposal in clear view, shares of homebuilders Lennar (LEN) and Taylor Morrison Home (TMHC) both rose more than 3% on Feb. 3 after a Bloomberg report mentioned that the two companies were among the group working on the “Trump Homes” propo ...

Lennar (NYSE: LEN) shares are surging on news that the giant homebuilder is about to propose a massive homebuilding plan to the Trump administration that will help address the home affordability crisis in the U.S. According to a report by Bloomberg, several home construction companies, including Lennar, are putting together a plan to build as many as 1 million entry-level homes across the country. News of the plan sent Lennar's stock sharply higher on Tuesday, up 7.5% in morning trading before settling ba ...

-- These Homebuilder Stocks Get a Boost Following Report of Plan to Build 'Trump Homes' [S&P 500, Nasdaq Drop as Tech Stocks Tumble][AMD's Stock Sinks Despite Solid Earnings][Trump Signs Bill Reopening Government][Where Are Gold and Silver Prices Headed Next?]- Top StoriesThe U.S. is estimated to have a shortage of several million homes.I RYU / VCG / Getty ImagesClose### Key Takeaways- A "Trump homes" proposal could see hundreds of thousands of new homes built for a rent-to-own program, Bloomberg reported.- ...

Lennar Corp. (NYSE:LEN) and Taylor Morrison Home Corp (NYSE:TMHC)  are reportedly working on a plan to develop one million “Trump Homes” amid President Donald Trump‘s affordable housing push. Under the proposal, builders would build “entry-level” homes into a “pathway-to-ownership” program financed by private investors, reported Bloomberg on Tuesday. As per the initial version of the program, the homes would be rented to tenants and after three years, the monthly rents would be converted to a down payment i ...

Core Viewpoint - Homebuilder stocks experienced an increase following reports that the Trump administration is considering a program aimed at constructing more new homes [1] Group 1: Homebuilder Stocks - Several homebuilder stocks received a boost on Tuesday due to the potential new housing program [1]

Shares of homebuilders Lennar and Taylor Morrison Home rose on Tuesday following a Bloomberg News report that the two companies were among a cohort working on a proposed "Trump Homes" plan aimed at easing the U.S. housing affordability crunch.Builders including Lennar and Taylor Morrison Home have discussed a large-scale program that would sell entry-level homes into a pathway-to-ownership program funded by private investors, Bloomberg wrote, citing people familiar with the plan. One version of the plan see ...

Homebuilding Operations - Homebuilding operations generated $32 billion in revenues, accounting for approximately 94% of consolidated revenues in fiscal 2025[11] - New home deliveries reached 82,583 in fiscal 2025, an increase from 80,210 in fiscal 2024 and 73,087 in fiscal 2023[14] - The average sales price of a Lennar home in fiscal 2025 was $391,000, down from $423,000 in fiscal 2024 and $445,000 in fiscal 2023[15] - As of November 30, 2025, 98% of total homesites were controlled through options, up from 82% in the previous year[17] - The backlog dollar value, including unconsolidated entities, was $5.2 billion at November 30, 2025, compared to $5.4 billion at the same date in 2024[29] - The company experienced a cancellation rate of 14% in both 2025 and 2024[28] - The company operates in 1,708 communities as of November 30, 2025, up from 1,447 communities in 2024[20] Financial Services - In fiscal year 2025, the company originated approximately 55,900 residential mortgage loans totaling $20.0 billion, an increase from 54,600 loans totaling $19.8 billion in fiscal year 2024[34] - The financial services subsidiaries provided loans to 84% of homebuyers who obtained mortgage financing in areas where services were offered[33] - As of November 30, 2025, the company had a total maximum borrowing capacity of $3.3 billion under six warehouse residential facilities[35] - The company locked interest rates on approximately 56,900 residential mortgage loans totaling $19.9 billion in fiscal year 2025[34] - The company’s Financial Services operations employ mortgage-backed securities forward commitments and option contracts to protect against interest rate fluctuations[314] - Financial services fixed rate notes and other debts payable are valued at $123.1 million with an average interest rate of 3.4%[320] - Financial services variable rate debts total $1,667.2 million, with an average interest rate of 5.3%[320] Multifamily Business - The Multifamily business has capitalized and developed 128 multifamily residential communities with approximately 39,300 rental units across 20 states[42] - As of November 30, 2025, Upward America had purchased 4,697 homes in 103 communities for a total purchase price of $1.2 billion, averaging $258,000 per home[49] - The company has a pipeline of 32 potential future developments in the Multifamily segment, totaling approximately $2.8 billion in anticipated development costs[43] Technology and Innovation - The company aims to enhance efficiencies and reduce costs through technology and innovative strategies[13] - The book value of strategic technology investments was $581.8 million as of November 30, 2025[39] Land and Operating Model - In February 2025, the company completed the spin-off of Millrose Properties, contributing $5.6 billion in land assets and $1.0 billion in cash[31] - The company is focused on a land-light operating model, increasing flexibility and reducing capital intensity[13] Environmental Commitment - The company is focused on creating environmentally sustainable products, incorporating features like Low-VOC paint, WaterSense® faucets, Low-E windows, and Energy Star® appliances in new homes[67][74] - The company believes in the value of clean energy and consistently seeks opportunities to integrate solar power into its home designs[68] Workforce and Culture - The company employed 12,532 individuals as of November 30, 2025, a decrease from 13,265 individuals in the previous year, with 10,182 in Homebuilding operations[73] - The company’s overall relations with its workforce are considered healthy, despite subcontracting many phases of homebuilding operations[73] - The company is focused on attracting and retaining talent, emphasizing a culture of inclusion and providing a comprehensive benefits package[69][70] Risk Management - The company utilizes derivative financial instruments to hedge interest rate exposure, particularly for loans held-for-sale, to mitigate risks associated with fluctuations in mortgage-related interest rates[315] - The company’s primary market risk exposure relates to fluctuations in interest rates on investments, loans held-for-sale, and outstanding variable rate debt[312] - The company is subject to various local, state, and federal regulations that can increase construction costs and impact homebuilding activities, including environmental laws and zoning regulations[60][61] Health and Safety - The company is committed to health and safety, having hired a Chief Medical Officer to oversee safety protocols during the COVID-19 pandemic[71] Debt and Investments - Fixed rate investments held-to-maturity are valued at $132.9 million with an average interest rate of 3.6%[320] - Homebuilding fixed rate senior notes and other debts payable total $2,380.5 million, with an average interest rate of 5.0%[320] - Variable rate debts in homebuilding amount to $1,710.0 million, with an average interest rate of 5.2%[320]

Market attention is increasingly centered on when the Federal Reserve will begin cutting interest rates and what that shift will mean for equity leadership. After keeping policy restrictive to contain inflation, officials have signaled that easing will eventually come if price pressures continue to cool.For investors, the timing and reason behind the first cut may matter more than the cut itself. Two of the most rate sensitive equity groups are banks and homebuilders. Both have spent the past year adjusting ...

Lennar Corporation (LEN) is one of the largest and most established homebuilding companies in the United States, headquartered in Miami, Florida. With a market capitalization of around $30.1 billion, Lennar focuses on the development, construction, and sale of residential properties, including single-family attached and detached homes, townhomes, and multifamily rental communities across multiple U.S. regions. The company is slated to announce its first-quarter earnings results soon. Ahead of this event, ...