Legislation - Reactive or Proactive: A New Era of Mortgage Reform - Part II - Dodd-Frank Act & Mortgage Reform


This new article is entitled Part II: Legislation - Reactive or Proactive, A New Era of Mortgage Reform.

In this article, I summarize certain salient aspects of the Mortgage Reform and Predatory Lending Act (Mortgage Reform Act). It is a primary component of the Dodd-Frank Act and requires careful review and analysis in order to implement properly. And, I provide a matrix of the Mortgage Reform and Predatory Lending Act, with respect to the minimum standards for mortgages.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jonathan Foxx, Lenders Compliance Group | Attorney Advertising

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