Benzinga·2026-01-09 02:02Group 1 - Shares of iBuying platforms Opendoor Technologies Inc. and Offerpad Solutions Inc. surged significantly in after-hours trading following President Trump's proposal to purchase $200 billion in mortgage bonds [1][2] - The proposal aims to lower mortgage rates and monthly payments for American households, potentially restoring housing affordability and increasing demand in the U.S. housing market [2][3] - Opendoor's Head of Homebuilder Partnerships stated that the company would remain broadly "unaffected" by a proposed ban on institutional investors buying single-family homes, as it targets landlords with over 100 properties [4][5] Group 2 - The proposed ban could create short-term pricing pressure in certain neighborhoods if it includes forced selling of properties, but Opendoor is not classified as an institutional landlord [5][6] - Investor concerns regarding iBuying companies were alleviated by Nejatian's clarification, and the mortgage buying proposal is expected to create additional momentum for these companies [6] - Opendoor's shares are noted for high momentum in Benzinga's Edge Stock Rankings, indicating a favorable long-term price trend [7]