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March 2014 Mortgage Reform in 2014 The mortgage market will continue to undergo significant change in 2014 as banks refine loan products, underwriting requirements, and other aspects of their mortgage.

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Which of the following describes the purpose of the Dodd-Frank Act? To prevent financial crisis by increased financial regulation, additional oversight of the industry, and preventative measures against unhealthy risk-taking and deceptive practices.

Dodd-Frank set up centralized exchanges for swaps trading to reduce the possibility of counterparty default. It required greater disclosure of swaps trading information to increase transparency in those markets.

Dodd–Frank reorganized the financial regulatory system, eliminating the Office of Thrift Supervision, assigning new responsibilities to existing agencies like the Federal Deposit Insurance Corporation, and creating new agencies like the Consumer Financial Protection Bureau (CFPB).

Dodd-Frank enacted rules for: Increased capital and liquidity and required the use of stress testing to measure the adequacy of capital and liquidity. Regulating derivatives. Living wills and liquidation authority. Reduced short-term funding and counterparty exposure. Protection of financial consumers and investors.

To protect consumers from abusive financial services practices.

Dodd-Frank Compliance The Dodd-Frank Act established the Consumer Financial Protection Bureau and granted them with rule-making authority over several regulations, and supervisory authority over depositories with over $10 billion in assets and certain non-depository financial institutions.

The SEC established all five new offices required under the Dodd-Frank Act. Office of the Whistleblower. Credit Ratings. Investor Advocate. Minority and Women Inclusion. Municipal Securities.

The most far reaching Wall Street reform in history, Dodd-Frank will prevent the excessive risk-taking that led to the financial crisis. The law also provides common-sense protections for American families, creating new consumer watchdog to prevent mortgage companies and pay-day lenders from exploiting consumers.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232