I think it is a step in the right direction. Forty-year amortizations may have their place in the world, but not in this one, not right now.
More important, I think, is the idea that we should “set it and forget it” with respect to amortization standards and the rules regarding what maximum loan-to-value ratios are minimums for insurance. Within that, let the market find its place and find its pricing. They tend to work out very well that way.