The tightening of the mortgage regulations in 2012/2013, of which the Minister liked to boast, was no more than a return to what existed before the government relaxed things.CMHC is close to fully subscribed - and this is after an increase in their limits for which the lenders lobbied, so they will soon have to start refusing to underwrite some deals. 

You can make the same claim about any governing organization.

Or, is it the person who is going to buy a property at this months tax sale on their government "fixed income" check?

Today, you have more to worry about than just the DF Act, there are dozens of laws applied to financed transactions, and personal views as to them being fair or constitutional or politically correct as to one's thinking are totally irrelevant, laws and regulations apply and if you don't follow them in finance, you can have consequences.There are many more federal laws pertaining to finance than real estate, state laws generally govern real estate.

I also work for the Federal Government full time.

You might need to clarify the status of your license (if differences exist in CA) to get the same answer from two different government bodies.

I know have it as a Section 8 house and the government pays most of the rent every month like clockwork.

It's especially rough to realize that there's the state government, the university, and several major employers all of whom bring in renters!

We have one very regular senior poster who has worked in government his whole life, and is so in love with big stateism he posted on one of these ubiquitous "LLC vs.

Here you go: Assessed Value Definition:Assessed value is the value of a property as of a certain date (usually January 1st) according to the tax rolls of your local government jurisdiction (county or city).