If you're a congressperson and know nothing about mortgages, then all you know is "2008, never again, 2008, never again," and if you questioned an executive at one of these stupidly slow lenders they would say "oh we're just doing our due diligence, no one wants 2008 all over again, after all, don't you know," and this would line up with your preconceived biases/notions, so you as a congressperson wouldn't question it (you would accept it as "due diligence" rather than accepting the truth of it being "horrible customer service"), and wouldn't feel the need to introduce any new legislation. 

I had searched the legislative website for the information, but had gotten into the wrong section about mobile homes and didn't notice it.

I've lobbied both my State Rep and State Senator to pass legislation; time will tell. 

The ban was not lifted until legislation was signed in 1974 by President Gerald Ford.

I like to get a sense of what is going on in the various real estate markets, economy, taxes and legislative issues that might effect real estate.- Do you track or pay attention to all the data that comes out about real estate each week?

In fact, depending on what happens with tax legislation, your ultimate tax bill could be larger than it is now.

Most states have emplaced legislation to prevent the resale of distressed properties at a profit with no fix-ups or value-added.Most ethical processes remain in legal in most states, such as acquiring distressed property through a short sale, fixing or rehabbing it and THEN reselling at a profit, etc.The early- to mid-2000's processes of "A -> B -> C" sales with no rehab or value-added by the "B" buyer have been outlawed or seriously inhibited ("title seasoning") due to the rampant abuse which occurred.Even wholesaling of unlisted properties (selling your position in the purchase contract) is under attack in most states.

However, we do have to be mindful of the fact that there does come a point where the taxes/legislation become so burdensome that, economically speaking, it will become very difficult to justify keeping businesses here.  

Then hit on :Your Comment on Legislation.

It will be interesting to see what happens in South Lake Tahoe, as ALL vacation rentals not in the "tourist core" area are legislated to be put out of business in 2021.