Homebuyer's Bill of Rights

Governor Napolitano, in her state of the state address, offered a 3 step plan to protect home buyers and help prevent any future credit crisis. Her plan includes a Homebuyer's Bill of Rights, Arizona Home Equity Theft Protection Act and lastly to license loan officers.
I think the 3rd item will be most helpful, license loan officers. Most of the loan officers that poorly advised their clients and sold mortgages to those loosing their home are out of business now. It was a temporary job for them. They came in made a big mess and moved on to another job. The barriers to entry were none. Therefore, anyone could sell a mortgage. With the HUGE commissions many were attracted. I don't believe they were evil or intentionally took advantage of their friends and family. I believe they were misguided by sales managers looking for big profits and did not know better. However, a home is usually the largest investment of ones life. Many choose those they know over a professional. Unfortunately, now they are loosing their homes. Most don't even know there was another, safer way. License those mortgage professionals TODAY! Better yet, make new Realtors go through an internship program. This is another step to help homeowners, because the Realtors have their share of responsibility for this mess too!
Homebuyers' Bill of Rights:
http://www.azre.gov/PUBLIC_INFO/Bill_Of_Rights/BILL_OF_RIGHTS.html
Governor's State of the State address:
http://www.azgovernor.gov/dms/upload/GS_2008%20SOS%20Address.pdf