Since 1995, Federal Regulations Have

Multiple Choice

Since 1995, federal regulations have

A) tightened mortgage lending standards and therefore made it difficult to obtain a loan to purchase a house.
B) increased the down payment housing buyers are required to make in order to obtain a mortgage loan.
C) loosened lending standards and made it possible for many buyers to purchase a house with little or no down payment.
D) required investment banks to maintain more capital against their holdings of mortgage loans.