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Have more responsibilities in terms of mortgages and things like that?
It would also require lawmakers to disclose the terms of mortgages on their homes.
Modifying the terms of mortgages underlying mortgage bonds can change how much those bonds are worth.
Under current law, bankruptcy courts have long been prohibited from touching the terms of mortgages on a person's primary residence.
The bill passed by Congress also requires lawmakers and executive branch officials to disclose the terms of mortgages on their homes.
The company's systems, investigators said, allowed loan officers and mortgage brokers to change the terms of mortgages without complying with fair-lending rules.
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The campaign group Generation Rent says landlords receive a total of £27bn in subsidies from the government in terms of mortgage interest tax breaks, capital gains tax loopholes, and housing benefit payments.
But when you look at what changed during the boom in terms of mortgage securitisation, what is it that leaps out at you?That's from the Financial Crisis Investigation Committee's report.
This is a euphemism for granting bankruptcy judges the power to alter the terms of mortgage contracts.
It was accused of secretly changing the loan terms of mortgage borrowers in bankruptcy and falsifying records to charge mortgage applicants for its own delays in application processing.
The backdrop is the ongoing fight over what to do about the deep and pervasive corruption of the big banks in terms of mortgage securitization.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com