Dodd-Frank: Could New Rules Derail the Housing Recovery?

The pending rulemakings for the Qualified Mortgage and Qualified Residential Mortgage mandated by the Dodd-Frank Act, and the Federal Reserve’s recently proposed Basel III international capital standards, have the potential to severely tighten an already rigid credit market, as well as reduce mortgage provider choice. These key pieces of unfinished business from the Dodd-Frank Act [...]