How To Determine If A Mortgage Falls Under Dodd-Frank
If you originate or purchase a mortgage, you may have to follow certain requirements under Dodd-Frank. “The term ‘qualified mortgage’ was first used within the text of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which became federal law on July 21, 2010. The Dodd-Frank Act provided a general definition (essentially an outline) of …
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