Change Mortgage Regulations to require at least 20% of each payment is paid against the outstanding principal balance.

Currently, mortgage lenders pay themselves before paying significantly down on the principal outstanding balance of the mortgage. This leads to many families making payments over several years but earning very little equity. With little built up equity even the sale of the house at the mortgaged level does now allow families to buy into a smaller, less expensive home, without significantly drawing down of their savings to hit the 20% downpayment needed for a conventional loan. This puts many families in a bind that encourages default or bankruptcy. It also painfully targets older owners with new mortgages who must wait several years before being able to financially downsize.