While there is still a lot of regulatory uncertainty around JOBS Act legislation, there are certainties around existing regulations, some of which allow unaccredited investors, like Regulation A, or intrastate crowdfunding, which bypasses the federal regulations.

-Warren Lizio, Legislative Chair, IREM Chapter 4."

Now that the federal government is involved (see FHFA Issues Warning on Super Priority Liens), this ruling won't last long - as federal legislation is adopted to protect the interests of quasi-governmental agencies like FNMA and Freddie Mac.  

Also FHA 203K program is for purchase rehab if you're buying owner occupied.QM or Qualified Mortgage legislation goes into effect Jan 1, 2014 min Fannie/Freddie conventional loans will be 95% LTV.There is a conventional purchase/rehab loan for investors at 75% LTV of as completed value..

Las Vegas has had a run up because of legislation slowing the foreclosure process thereby reducing visible inventory.

I find it ironic that both your post and the article you cite, arguing there is no accountability, start by referring to CFPB testimony in front of the congressional oversight “committee session to mark up CFPB reform legislation.”

I keep seeing articles all over the internet discussing upcoming changes and my banker tells me that "the rules are always changing" but I am curious to find a location or two that I can find what changes are coming without having to go through all of the legislation line by line.I guess I am looking for an expert site to help interpret upcoming legislation but not water it down for the masses like CNN, Fox, or CNBC.Thanks!

This is the very sort of blurring of lines that I believe new legislation in the U.S.A. has strove to clarify there.

@Joe GoreAgreed, but is that not the case with most substantive pieces of legislation?

It's clear in this legislation, DF only applies to loans to owner occupants.