March 5, 2018
Senate Bill 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act, likely has enough bi-partisan support in the Senate to avoid a filibuster. It is being described as a “skinny” reform measure to address Dodd-Frank. Scott Olson, executive director of the Community Home Lenders Association, notes that the transitional licensing piece of the legislation will benefit nonbank mortgage lenders .
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