Mitria Wilson-Spotser, vice president and federal policy director at the Center for Responsible Lending, made a similar argument, while also raising concerns about the impact the risks posed to policies such as the Qualified Mortgage rule.
“The reason we have this housing appreciation, the reason why we have homeownership rates at the rate that we do in the United States today is because of that rule,” she told The Hill, while also saying she thinks “everything is up for play” if the Supreme Court ultimately rules against the CFPB’s funding structure in the case.
