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Trump trying to water down already watered down Dodd-Frank

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Comments

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,804 Founders Club
    Dodd-Frank is also geared toward protecting consumers with rules like keeping borrowers from abusive lending and mortgage practices by banks.

    Thanks to Dood Frank lenders will no longer be going into poor folks homes and forcing them at gun point to sign bad loans.

    Have the government tell lenders to lend to bad credit risks and the lender charges more for the money. Hondo FS thinks that is somehow illegal
  • 2001400ex
    2001400ex Member Posts: 29,457
    edited October 2017

    Dodd-Frank is also geared toward protecting consumers with rules like keeping borrowers from abusive lending and mortgage practices by banks.

    Thanks to Dood Frank lenders will no longer be going into poor folks homes and forcing them at gun point to sign bad loans.

    Have the government tell lenders to lend to bad credit risks and the lender charges more for the money. Hondo FS thinks that is somehow illegal

    https://georgewbush-whitehouse.archives.gov/infocus/achievement/chap7.html

    Missionaccomplished.jpg