This good, but I need to say three words: barn door cow.

The high points:

• Prohibit giving people unaffordable loans.
• Restrict use of “liar” loans.
• Prohibit or limit prepayment penalties.
• Curb or better disclose broker incentives.
• Require or encourage escrowing of taxes and insurance.
• Prohibit coercion of appraisers.
• Prohibit loan servicers from engaging in unfair practices.
• Require better disclosure overall.

Of course, half of these should be done already by anyone who wants to operate for more than a few years and then leave town ahead of the police.