The President signed a bipartisan bill last week that will roll back some of the Dodd-Frank rules that concerned thousands of small- and medium-sized banks. Enacted as part of the 2010 Dodd-Frank law to curb the risky behavior that led to the 2008 financial crisis, Republicans and Democrats have been working to “tweak” the law […]
June 12 – CVAR At A Glance
Featured Classes and Events June | CVAR Member Appreciation Month! June 15 | Social Security Secrets – Caravan West – Free June 15 | Webinar – Online Safety Practices – C.A.R. June 16 | Free Friday: HUD Sales Contract (Glendora) June 16 | Free Friday: HUD Live Stream & Lunch at East (Rancho) June […]
House Votes to Repeal Key Aspects of Dodd-Frank
The House voted last Thursday, mostly along partisan lines, to roll back many of the banking rules under the Dodd-Frank Act of 2010, which increased regulatory oversight of financial institutions. Some lawmakers argue the sweeping legislation had been preventing a true recovery from happening since the Great Recession and has made getting a mortgage too […]
Trump Seeks to Ease Bank Regulations, Undo Dodd-Frank
President Donald Trump reportedly wants to scale back the regulatory system that was put in place in 2010 in response to the financial crisis. The Trump administration has set out to remove what it views as regulatory burdens by overhauling mortgage financing giants Freddie Mac and Fannie Mae and easing lending regulations. “Americans are going to […]