10.12.20
With the 2020 election just a couple of weeks away, industry participants are wondering what the future of mortgage regulation and enforcement could look like in 2021. At a recent HousingWire panel featuring Mayer Brown Partner Kris Kully and Ballard Spahr Partner Richard Andreano Jr., panelists were asked what the long-term effects of mortgage policy could be under both a Biden and Trump presidency. The panelists commented that if President Trump wins a second term in office, the amount of state-level actions we see could increase. The panelists agreed that the major factor to watch out for in 2021 is who heads the regulatory agencies given they would decide the overall direction future policy takes.