Microsoft are making similar moves with Windows Phone to direct people to register via a Windows ID and set up payment for the Windows Store, and Google has the requirement for a Google account and payment details to fully engage with Android.

FORBES: Apple's Contract-Free iPhone Could Benefit Every Consumer In America

The Government Accountability Office has also cast doubt on a proposal--supported by Democrats and the administration--to lower the down payment requirement for FHA-insured loans, given the greater default risk on those loans.

FORBES: This Is Not A Bailout

In addition, a report issued by the Government Accountability Office in July cast doubt on several legislative proposals to reform the agency, especially one that would lower the down payment requirement for FHA insurance.

FORBES: Nothing Down

Visa Personal Payments, already offered by financial institutions outside the U.S., became available in the U.S. market last year marking the first time that a major payment network has introduced a global requirement for account issuers to accept incoming funds.

FORBES: Bitcoin Funded Debit Cards

Residential properties will now face a stiffer down-payment requirement and taxes on resale (such as 15% on the contract price for a quick flip).

FORBES: Hong Kong's Tears for the USA