New Financial Reform Law a Confusing Mess of Effective Dates as Industry Tries to Develop Compliance Strategy
July 22, 2010
President Obama this week signed into law financial reform legislation which will result in thousands of pages of new regulations and likely create new regulatory burdens, raise compliance costs and increase litigation risk for many mortgage industry participants. Implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act will require a multitude of rulemakings...