Trump’s plan for looser housing rules likely to include mortgage changes

Published January 17, 2017 5:01am ET



President-elect Trump’s housing agenda is likely to involve changes to the new rules and policies on mortgages imposed following the 2008 financial crisis, details that emerged during Ben Carson’s confirmation hearing to lead the Department of Housing and Urban Development.

Trump’s views on housing remained mostly a mystery throughout the campaign. Only once did he refer to any of the concerns facing home buyers, renters, builders, real estate agents and lenders. In an appearance at a homebuilders’ trade group meeting in August, the Republican said that new Obama administration rules made it “impossible for your people to go get mortgages.”

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