Category Archives: Dodd Frank Legislation

Loan Originators No Longer Able To Waive Fees As Of April 1 2011

As of April 1, 2011, the lender/loan originator compensation law kicks in. This is not good for consumers. We’ve all had those transactions where at the close of escrow the buyer is short closing costs or wants lender fees to be waived in order for the deal to close and usually the lender/originator obliges in […]

California Real Estate and the Unintended Financial Reform Consequences

Now that we have the 2,000 page Dodd Frank bill signed into law, how is this going to affect real estate business in general? Is it going to stimulate the real estate industry? Is it going to help stabalize home values? Is it going to make it easier and cheaper for consumers when it comes […]