How Does WSJ Know That Obama Administration Wants Eased Mortgage Standards In Order to Help Buyers As Opposed to Increase Industry Profits?

That's the question millions are asking after reading this article on the decision of the Securities  and Exchange Commission to go along with more lax standards. Under these standards issuers of mortgage backed securities (MBS) would not be required to keep any stake in a mortgage even if it has less than a 5 percent down-payment. This reversed efforts to ensure that issuers did not deliberately put questionable mortgages into MBS, which was a major problem in the run-up of the bubble....