Spring Ahead With The 2009 Mortgage Reform Bill By: Leslie Eskildsen | Apr 7th 2009 - It will also hold lenders accountable to find terms and rates that are appropriate for the individual borrowers and their ability to repay. Lenders will also be required to offer the option to choose a loan without a prepayment penalty. Mandatory arbitration clauses in most mortgages will also be removed. Tags:home loans, mortgages, mortgage reform, lending, home financing, Mortgage Reform and Anti-Predatory Lending Act of 2009