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Like to see the government do? ii like to see the government do? i i would like to see the like to see the government do? i i would like to see the government introduce no cost loans for people, thatis introduce no cost loans for people, that is no interest, so people can borrow money to upgrade their home and then the money they save on their bill, they could be pay back their bill, they could be pay back the loan with no interest. that would be one way to do it. i think for those on extremely low incomes, and on benefits, that we should have better processes, and more help for them, to impro...

To borrow money. >> are we talking about a possible bubble here? people were worrying there could be a bubble here. >> yeah. kids are going to have a real problem paying this money back. so the question is do you want to make it easier for them to go to college by having lower cost loans and you saw the wage premiums and advantages you get if your go to college. or do you want to stay on the track we're on now where these kids are going to go belly up. >> so you would perhaps agree with elizabeth warren this needs to be addressed. >> i totally agree with elizabeth warren on this subject. you g...

Also, regulators could delay new rules they've been proposing here to make 20 percent downpayments the standard for the housing industry, for the lowest cost loans. republicans also want to raise downpayment requirements for the federal housing administration, the fha which provides hundreds of thousands of mortgages a year to lower income families with as little as 3 1/2% down. republicans have been pushing to raise that to at least 5 percent down. but this report today will likely keep that move on ice jenna: peter, as far as other government polices, there's one policy we understand that is...

>> average loss is somewhere in the area of 40 to 50,000 in this country. those are huge dollars for lenders and investors to lose. it has an impact frankly on the future of the mortgage business. >> reporter: the president's tried in before offering incentives for banks and mortgage services to refinance loans success has been limited by paperwork requirements and tougher verification standards of the of the 1.1 million who applied fewer than 200,000 have received lower cost loans. some see a repetition of earlier mistakes. >> what you are doing is taking the risk the losses in the future and...

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