A stronghold of the Republican platform is removing federal regulation from the equation. One way President Elect Trump might look to accomplish that task is by reversing the Dodd Frank and Consumer Protection Act. The Republican party argues that this act has over-regulated local and regional financial institutions, making it more difficult to lend money to local homeowners. On the other hand, lack of oversight and regulation was a big reason for the financial and housing meltdown of the late 2000's. My guess is that a Trump presidency may move the needle closer to the middle, but consumer protection from predatory lenders will still stick around.

Another rumored aspect of the Republican platform is lessening the role that Fannie Mae and Freddie Mac has in the government backed mortgage business. Fannie Mae and Freddie Mac are privately owned pseudo-government entities that essentially provide liquidity and affordability in the mortgage market. Republicans argue that these agencies leave taxpayers footing the bill for losses while executives and shareholders gain huge profits. Although there is no replacement plan for the agencies, look for a shift in the Freddie and Fannie's business model since funding for the agencies will sunset during Trump's term.