Democrats will adopt a party platform this week that omits most references to a need for continued post-housing crisis reforms, and instead focuses on expanding access to mortgage credit and support for industry regulation.

"We must make sure that everyone has a fair shot at homeownership," a final draft of the platform published July 21 reads. "We will keep the housing market robust and inclusive by supporting more first-time homeowners, preserving the 30-year fixed rate mortgage, modernizing credit scoring, clarifying lender rules; expanding access to housing counseling, defending the Fair Housing Act; and ensuring that regulators have the clear direction, resources and authority to enforce those rules effectively. We will prevent predatory lending by defending the Consumer Financial Protection Bureau (CFPB)."

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