MBA Dodd Frank Summary

Hello buddy can you please get the information about the Summary of Mortgage Related Provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of Mortgage Members Association?

[Shaleen]

As per your concern I will get the Mortgage Members Association Summary of Mortgage Related Provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act so that you can have idea about it.

Here is the Short summary of Dodd Frank


Credit Risk Retention

Office of Credit Ratings

Consumer Financial Protection Bureau (CFPB) Established

CFPB Authority

CFPB Transfer Date

Coverage of Mortgage Lending Provisions

Duty of Care

Prohibition on Steering/Loan Originator Compensation

Minimum Standards for Mortgages/Ability to Repay

Counseling

Reach of Bill

Regulatory Authority






For full information buddy please go through the file