Sorry to mix metaphors, but, “The sky is falling!” Actually, the real problem is, whether you’re making allusions to Chicken Little or Lost in Space, it’s very difficult for experts, never mind laymen, to differentiate from real vs. imagined crises in the complicated world of mortgage regulation. Today, the Financial Times reports that “Democrats raise the roof over mortgages”. Whether the alarmist title is a reasonable caution against repeating the problems that occurred before the 2008 collapse, or is a case of Aesop’s boy calling wolf is an exercise for the reader.