Change (or not) may be coming to your duly elected Congress in just a short while, as mid-term elections for members of Congress will happen on November 4. By many accounts, we’ve had a fairly “gridlocked” Congress over the last couple of years, one where neither Democrats nor Republicans can get much of their agendas pushed through. Depending upon your own political bent, this may be a good or bad thing, but the reality is that there are things which need to be done, and to get them done, compromises will need to be made at some point.
Perhaps a new Congress (or a different mix of elected folks) would allow for necessary change. Although there are myriad issues facing housing and mortgage markets, we’ve picked out five areas that we think need some immediate attention, and speculate which side of the aisle might be most likely to push them through — or where compromise might benefit both sides (and taxpayers and homeowners, too).