Part 5/10:
The podcast also touched on evolving regulations affecting banks, with news of the Federal Reserve considering broadening regulatory relief for banks to facilitate easier lending practices. While this might stimulate bank lending, Frankel raised concerns regarding an uptick in mortgage fraud, as statistics showed a 12% rise year-over-year in the likelihood of mortgage applications containing falsehoods. The discussion pivoted to the precarious balance of deregulation, calling to mind the essential regulations enacted following the financial crisis.