01-17-2014, 04:57 PM
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Registered User
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Join Date: Nov 2002
Location: Scottsdale, Arizona
Posts: 10,626
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Quote:
Originally Posted by t walgamuth
I googled dodd frank and read much of the wiki listing of it. I don't see how it impacts your situation. Do you have a link to an article which explains the linkage between tight lending practices and dodd frank please?
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Dodd-Frank ----> Consumer Financial Protection Bureau ---->
http://www.nytimes.com/2014/01/04/your-money/with-the-new-year-new-consumer-protections-on-mortgages.html
Beginning Jan. 10, lenders must take steps to make sure you, as a borrower, can afford to repay the loan you are seeking, based on your income, debts and credit history.
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