The War on Homeownership: How Mortgage Rules Are Rigged Against You At JPMorgan’s annual investor day, Jamie Dimon didn’t hold back. In a rare moment of honesty from the top of the banking food chain, he blasted mortgage regulations that are deliberately inflating rates for working-class Americans. “The cost of mortgages is like 50 or 75 basis points higher because of regulations that don't need to be there,” Dimon said. Let’s break that down. That’s not just a few bucks a month. That’s tens of thousands over the life of a loan. And who’s getting crushed? Lower-income families. First-time buyers. People trying to get their foot on the first rung of the American Dream. The Fed talks about "stability." Regulators…
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