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OTOH, when lenders do not chose to do something that is permissible by law, then it is factually incorrect to assert that the lenders are not doing it because of the law.

No, it's not, technically speaking. Lenders are not doing it because of the law. This is a fact. If a law is onerous and complex--as Dodd Frank is--and is attached to burdensome penalties, you may as well say the law doesn't allow it. This has been going on since the meltdown.

Lenders Fear Buybacks


I see the practical manifestation of lender paranoia every day.
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