It seems the WRA is concerned about the effect on property sales and REALTOR liability.It's now a standard play in WI politics to overrule local authority legislation at the state level.

We rebuilt . due to new legislation we had to put our own septic treatment facility in.

I believe Oregon has similar legislation and maybe even California regarding owner occupied.   

Those firms using the expression are either ripe for lawsuits, or make themselves targets of Class Action Lawsuits, and are putting the Industry in the spotlight of Legislators who are always willing to write more regulations, and ruin it for those sites who play fair, like GoFundMe, or IndieGoGo. 

BobI believe you are referring to the "Ability to Repay" and Reg Z changes to guidelines outlined in the Dodd-Frank legislation. 

Yes, it's not stated income/ high LTV loans from the mid-2000's, but our nation will always follow the political headache of having increased legislation and lender contraction and conservativism when things go south, and then lighten up or add steriods to make it easier when everyone decides they don't like getting TD for loans.

Administrative law often looks more to the intent than the written word and agencies are charged by legislative bodies to interpret the law and apply that interpretation.

Population growth has been robust, and the State of Oregon has ranked in the top five nationally for in-migration moves to a new state for much of the cycle.After record-breaking rent gains in 2015, the Portland City Council passed several pieces of legislation aimed to curb rent growth and increase availability of affordable housing.

@Thomas Garza some companies, really large ones, have vested interest in politics. either through potential legislation, or financial backing. 

These costs have already resulted in PMs that serve smaller (less than 25 homes) HOAs to go out of business.The fees, business costs and government involvement would be more tolerable if the law accomplished its’ intended goal of consumer protection.However, the law is vague on the most simple demands and accountability for property managers: 1) there are no direct statements mandating PMs comply with all State laws and an HOA’s governing documents 2) no direct statements that require PMs to advise an HOA when they observe non-compliance with the law or to report to DORA when such advice has been ignored and violations continue3)no direct statements that hold PMs accountable when they carry out requested actions of a Board that are in non-compliance with the law or an HOAs governing documents 4) no mandates for PMs to provide home owners with a detailed explanation or legal justification of fees and assessments (such as the HOA Transfer Fee) they independently impose and retain and 5) no requirement to explain and justify in detail all PM fees in their contracts with the HOA.Repeated requests to DORA (Department of Regulatory Services) and legislators from Colorado’s largest HOA home owner’s group, Colorado HOA Forum, to include these simple specifics have been rejected making reform and enforcement for home owners very difficult.Legislators also refused to include in the Law assistance to smaller HOA PMs by reducing their licensing costs and requirements.Licensing also witnessed an unprecedented and disturbing legislative act.The Law contains language directly promoting a private entity’s (CAI) sales products and educational courses.It also allows the industry that is to be regulated (CAI) to develop and complete State educational, testing, and credentialing requirements none of which have been officially reviewed or approved by the State.Then there is the missing legislative mandate in licensing rules to address meaningful “full disclosure” of all fees and assessments on home owners by PMs.Specifically, the HOA Transfer Fee that cost HOA home owners millions each year will continue without any limits or justification.DORA decided a one-liner on home closing documents with no receipt and/or detail of charges is “full disclosure” of this fee.Legislation/licensing that is crafted by the interest group to be regulated should be disconcerting to home owners and businesses.The CAI has dominated the PM industry and HOA legislation in Colorado for decades.Their influence and leadership has led to the need for licensing and reform.July 1, 2015 was to be a good beginning on reforming the abuses in the PM industry but HOA home owners will sadly see little change.