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Stock impact report

These Homebuilder Stocks Climb Following Report of Plan to Build 'Trump Homes' [Yahoo! Finance]

Taylor Morrison Home Corporation (TMHC) 
Last taylor morrison home corporation earnings: 2/5 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.taylormorrison.com
Company Research Source: Yahoo! Finance
A "Trump homes" proposal could see hundreds of thousands of new homes built for a rent-to-own program, Bloomberg reported. Several homebuilder stocks got a boost Tuesday, following a report the Trump administration is considering a program to build more new homes. Lennar ( LEN ) and Taylor Morrison Home Corp. ( TMHC ) have worked on a pitch to the Trump administration to build up to 1 million new homes that could become part of a rent-to-own program Bloomberg reported Tuesday. Shares of Lennar and Taylor Morrison each gained over 3% Tuesday. Other homebuilders not directly mentioned in the report such as KB Home ( KBH ), PulteGroup ( PHM ), and D.R. Horton ( DHI ) also rose, at a time when broader markets declined A White House official told Investopedia the Trump administration "is constantly exploring new policy actions" related to affordability, but characterized reporting ahead of an official announcement as "speculation." Lennar declined to remark on the report, and Tayl Show less Read more
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