Friday, June 7, 2013

Qualify for a mortgage? Maybe not for long | REwired

The Dodd-Frank Consumer Protection Act, signed into law in July 2010, forever changed the face of the housing market.

Although, in part, designed to restore consumer confidence in the housing industry, the law created strict regulatory mandates — the impact of which are being felt by both mortgage lenders and mortgage seekers, thereby redefining the core of mortgage lending.  

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