Dodd-Frank Reform: What Does It Mean?

In May of 2018, the President signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act (also known as S. 2155). This law, otherwise known as the Dodd-Frank Relief provisions, provides many new exceptions and clarifications to aspects of the Dodd-Frank Act. Principally impacted are small institutions (less than $10 billion in assets) as well as large bank holding companies. Many regulations were impacted, including Regulation Z (Truth in Lending), appraisal requirements, the SAFE Act, and credit reporting laws. One important exception is to HMDA, which allows banks and credit unions with smaller reporting sizes to avoid reporting the new data elements required for 2018 and beyond.

Covered Topics:

  • Access to Mortgage Credit
    • Regulation Z.
    • Appraisal
    • HMDA
    • CRA
    • TRID
    • And more
  • Regulatory Relief
    • Capital Simplification
    • Exam Cycles
    • Online Account opening
    • And more
  • Consumer Protections
    • Credit Reporting, Freezing and Scoring
    • Foreclosure
  • Bank Holding Company Changes
  • Student Borrower Protections