Proposed housing changes especially harmful to NoMi

"Proposed changes to home mortgage guidelines could have far-reaching and unintended effects on the housing market in north Minneapolis and communities across the country. Qualified Residential Mortgages, which have not gone into effect yet, would require lenders to adhere to certain standards when securitizing mortgages for the secondary market. There are a bevy of such possible new rules, but the most controversial of them would require homeowners to come up with 20% down in order to qualify for market interest rates."