daestrom wrote:

Any of this sound familiar? Just replace 'broker' with 'mortgage
broker' and 'stock' with 'real-estate'.

After the crash, stricter regulations were put in place about buying
on margin and most people got smarter about buying on margin. Probably a
similar thing will happen now with mortgages.


Won't happen.

If stricter rules were employed in the mortgage market, those traditionally
deprived, downtrodden, and discriminated against couldn't afford a home
beyond their means. Further, segregated and gated communities would remain
off-limits to other classes of citizens.

The minions that determine the final regulations are committed to equality
of outcome.

Whatever laws the legislative branch writes or whatever rules are
implemented by political appointees, the silliness will prevail.