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Big Landlords Could Face $1 Million Fines for Buying Houses Under a New Rule

Source: 247wallst.com

Housing & Real EstateRegulation & Legislation
Big Landlords Could Face $1 Million Fines for Buying Houses Under a New Rule

A new federal rule threatens penalties that could exceed the price of a single home purchase, though the article provides no rule details or penalty figures. Shares of the two largest U.S. single-family landlords rose on the day the rule was released.

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