Dodd-Frank

The sheer volume of regulations adds time and expense to closings without much benefit when consumers’ main interest is to get funds as quickly as possible.

Creating a bipartisan commission to manage the Consumer Financial Protection Bureau will make the agency’s rules longer-lasting and place needed checks on the director’s authority.

Three-fourths of House lawmakers signed a bipartisan letter that calls on the Consumer Financial Protection Bureau to take more steps to carve out community banks and credit unions from onerous regulations. But will it make a difference?

Bankers are still grappling with vendor software problems, longer processing times and delays in mortgage closings as a result of new disclosures that went into effect four months ago, according to a new survey by the American Bankers Association.

The Consumer Financial Protection Bureau should provide independent mortgage lenders with clear guidance on how to comply with rules and confirm that good-faith compliance with the bureau's directives will not result in enforcement actions and financial penalties

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

The Federal Housing Finance Agency's Duty-to-Serve rule must include a substantive commitment from the government-sponsored enterprises to purchase chattel loans.

Brokers and small lenders are being crushed under the weight of heavy regulation, leaving loan officers little choice but to shoulder the burden themselves — or move to an organization that can handle the regulatory requirements.

SharperLending has registered its Appraisal Firewall software product as a lender agent with the Federal Housing Administration.

The Dodd-Frank Act is a burden on community banks and credit unions but regulators are struggling to quantify the costs, according to a report released Wednesday by the Government Accountability Office.