I assume this will pass 100-0

Senator Bob Corker:

At the core of the financial crisis were home loans that should never have been written because the borrowers could not repay them. To correct this glaring vulnerability in our financial system, our amendment would direct federal banking regulators to establish minimum loan underwriting standards, setting an appropriate down payment and requiring verification of the borrower’s ability to pay for the life of the loan

Read about it here.

While I am uncomfortable with the idea that the Federal government is establishing underwriting standards, as long as the taxpayers are going to be on the hook, this seems like common sense. Can't wait to find out what happens on this vote!