Thursday, March 4, 2021
Home Blog The Dodd-Frank Tsunami: It's Coming!

The Dodd-Frank Tsunami: It’s Coming!

In the past two weeks the Consumer Financial Protection Bureau has issued four rules, including the qualified mortgage rule and a servicing regulation. More regulations are in the pipeline from the CFPB and other regulators.

ā€œThese changes will impact business operations and the future of mortgage access for years to come,ā€ according to MBA president and chief executive David Stevens.

Read the whole story on National Mortgage News. Ā I placed it here to reaffirm our prediction that Dodd-Frank would eventually become the Elephant in the Room and that our Industry is going to face this specter a hell of a lotĀ sooner if we do not begin to take out the proverbial trash!

Paul Williamshttps://foreclosurepedia.org
Linux addict buried deep in the mountains of East Tennessee.

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