REGULATION OR RETRIBUTION? A SYNOPSIS OF HOW THE DODD FRANK WALL STREET REFORM ACT…

MEGHAN E. JONES-ROLLA, ESQ. AND DERON J. ROLLA, ESQ.

When the Dodd Frank Wall Street Reform Act (hereinafter referred to as “DFA”) was signed into law by President Barack Obama on April 6, 2010, trouble was brewing for several banks, mortgage servicers, and third-party financial service providers as the Office of the Comptroller of the Currency (hereinafter referred to as “OCC”) and other federal regulators were investigating inappropriate business practices relating to the mortgage industry. Continue Reading>

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