Good call out. And I am aware of the history and edge cases with residential real estate in the US. So as to not talk past each other I'm specifically talking

Good call out. And I am aware of the history and edge cases with residential real estate in the US. So as to not talk past each other I'm specifically talking about present and future vanilla residential real estate transactions. For example w2 income with history, deed in your name, <10k sqft lot sfh or condo/townhome in a city. For these things I struggle to imagine a future where the government does not have a clear view as to who owns and can transfer property (property taxes, IRS filings, Fannie/Freddie, recorded deeds, etc). They are backstopping the mortgage, they should understand what they are lending against.