Four major pieces of federal legislation that have impacted the real estate industry and links federal involvement in housing to the U.S. Constitution and the Bill of Rights. It is widely accepted that the federal, state and local governments have a vested interest along with their constitutional obligation to promote fair housing and equal access.

Do you agree or disagree with the position that the federal government's obligation to regulate the housing industry and real estate is linked to the US Constitution and the Bill of Rights? Justify your response.

Which piece of federal legislation do you consider to be the most critical law that protects the public in matters related to Fair Housing? Why?

In addition, in the immediate aftermath of the mortgage meltdown and again with the pandemic of Spring 2020, Congress has acted to pass legislation designed to protect homeowners from foreclosure. In your opinion, was it appropriate in 2006-2008 and is that appropriate in helping to recover the economy in 2020. Explain your position.