Shares of Lennar  (LEN - Get Report) were higher in afternoon trading on Monday, after the company reported better than projected 2016 fourth quarter earnings of $1.34 per share, topping analysts' estimates for $1.28 per share. Revenue came in at $3.4 billion, beating expectations for $3.3 billion.

"This is obviously going to sound like were going back to the environment of 2006-2007, I don't think we are, but I do believe regulation is going to be removed," Virtus Investment Partners Chief Market Strategist Joe Terranova said on CNBC's "Halftime Report" this afternoon.

Terranova foresees an increase in mortgage lending, which will prove beneficial to businesses like Lennar.

"There was time between 2005-2007 where if you were current on your first home, you got the second loan," TheStreet's Jim Cramer noted. But, Cramer added that even if you're in a position financially to get a second home loan, the bank resists because of regulators. He believes this will rollback under a Trump administration.

"Focus on the homebuilders where the consumer of the home is not in a position where getting a loan is going to be a problem," Ritholtz Wealth Management CEO Josh Brown noted. "Toll Brothers (TOL - Get Report) , technically, has a better setup than some of the other names for that exact reason."