Jul 20
When the new Frank-Dodd law goes into effect, many of the companies structured around subverting licensing requirements will be revisiting their business model. And for the national banks – there is more to consider. The bill eliminates the OTS and merges it with the OCC – and severely restricts the OCC’s ability to establish preemption.
[for more Titan Lenders Corp insight on Frank-Dodd and other mortgage lending regulations and compliance hurdles, read the detail at: http://www.progressinlending.com]
