Dodd-Frank Act Knoxville Archives | The Big Orange Press

Dodd-Frank Act Knoxville

Will The New Mortgage Rules Make It More Difficult To Buy A Knoxville Home?

For those buyers using a mortgage to buy a Knoxville home, the mortgage world changed significantly on January 10th. Under new guidelines laid out in the Dodd-Frank Act, lenders are now required to make a “reasonable, good faith determination” that a borrower is able to repay loan. So, what changes […]