Realtors, bankers, builders concerned that new regulations will dampen housing recovery
by Ted Carter Published: June 3,2012
Tags: Consumer Financial Protection Bureau, Dodd Frank bill, Habitat for Humanity, housing, Mortgage Bankers Association, National Association of Builders, National Association of Home Builders
A provision of the Dodd-Frank banking reform law has non-profit housing provider Habitat for Humanity worried it could get into legal hot water making loans to high-risk borrowers. The Consumer Financial Protection Bureau, or CFPB, created by the banking reform legislation is setting rules for implementing qualified mortgage and ability-to-pay regulations. The measures are designed [...] [...]
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