Understanding the Dodd-Frank Wall Street Reform and Consumer Protection Act Special Offer Special discounted price, including US shipping
Special offer for "Mortgage Regulatory Landscape" webinar attendees!
The Law, CFPB Activities, Deadlines and Expected Implementation Dates
Nearly two years after the “Dodd-Frank Wall Street Reform and Consumer Protection Act” was signed into law, federal regulators were well behind in meeting deadlines set by the DFA.
A number of mortgage-related rulemakings are in progress and the Consumer Financial Protection Bureau – created by the DFA – has a significant focus on the mortgage industry. It received wide-ranging authority to issue new regulations, supervise institutions, enforce consumer financial services laws and regulations, and prevent abusive conduct by lenders and other financial service firms.
This new enhanced Guide includes major updates on CFPB activities, the ability to repay/QM rule, risk retention and QRM, new servicing requirements, LO compensation, mortgage disclosures, MBS ratings and the impact the Volcker Rule will have on the mortgage market.
Inside this comprehensive report you’ll find...
+ Safe Harbor, Disparate Impact
+ Examinations of banks and nonbanks
+ Small Business Review Panel
+ Concerns with integrated disclosure
+ The 8 mandatory characteristics of qualified mortgages
+ Increased liability for trustees
+ CFPB’s servicing proposal
+ Current timeline for DFA implementation, and much more
You'll learn more about...
- Qualified Mortgages
- Nonstandard refinances
- Prepayment penalties
- Disparate Impact
- Safe harbor or rebuttable presumption
- The DFA’s LO compensation provisions
- Examinations by the CFPB
- Concerns with integrated disclosures
- Rulemakings not finished by the Fed
- Qualified Residential Mortgage outlook
- Proposed requirements
- GAO risk-retention study
- Tax implications
- Increased liability for trustees
- Due diligence disclosure
- The Volcker Rule
- Replacement for MBS ratings
- Conflicts of interest
And much more in other sections, such as Mortgage Servicing, Lender Oversight and Other Provisions.
Elsewhere on the site, this guide sells for $402 with US shipping. As a "Mortgage Regulatory Landscape" attendees, you are eligible for a $50 discount.