Monday, March 13, 2017 / by Nicole Solari
This column is not intended to be political in any way, but rather my own commentary on the Dodd-Frank legislation, its effects and why doing away with it will be a positive for our industry.
Love or hate the Donald, keep the comments focused on this topic, please.
President Trump recently signed orders to begin scaling back regulatory measures put in place after the tragic financial meltdown of 2008, most of which were a part of one giant piece of legislation known as Dodd-Frank. The Dodd-Frank bill placed an enormous burden on the mortgage and real estate industries, increased costs for consumers and lenders alike, and made getting a loan about as pleasant as getting a root canal.
That much cannot be disputed.
Included in Dodd-Frank was the Home Valuation Code of Conduct, or as real estate profession ...