The government guarantees a majority of mortgages, so the government already has standards that are commonly used to decide which home loans can be made: https:

The government guarantees a majority of mortgages, so the government already has standards that are commonly used to decide which home loans can be made: https://www.nar.realtor/magazine/real-estate-news/economy/fannie-freddie-expected-to-back-mortgages-of-nearly-1-million https://www.nar.realtor/magazine/real-estate-news/economy/fa... If the government essentially guarantees all deposits and generally decides who gets a mortgage … I am not sure what the main point of banks is for consumers apart from maybe charging exorbitant rates on credit cards.