A Better Path for Mortgage Regulation heritage.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heritage.org Daily Mail and Mail on Sunday newspapers.
Extensive new federal regulation of mortgage lenders and homebuyers is slated to kick in on January 10.[1] Virtually every aspect of financing a home including mortgage options, eligibility standards, and even the structure and schedule of payments will be governed by regulations peddled as preventing another collapse of the housing market. However, this new regime is based on faulty notions about the causes of the crash.