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Reviewing Dodd-Frank, What Does It Mean?

February 16, 2017

The new Trump Administration has just begun, and already there are several things happening and in the works around banking and housing regulations and laws. With the Executive Order to review the Dodd-Frank Act, and other legislation, many are wondering what this means for these industries and just how it may affect, not only companies, but individuals too.

No matter how you voted, or whether you are a business owner, a banker, homeowner, or even all three, the first thing to note is nothing has changed yet. The Executive Order allows merely for a review; not to make changes. That is not to say changes won’t be in the near future, but right now, change is more speculation than confirmed fact. There are a lot of opinions out there, and emotions run high on all sides of this equation. It’s times like this, I prefer to seek out dependable insight to gain some neutral clarity on important issues.

After the Executive Order was made, two reliable, intelligent sources sought out input from a variety of sources, covering different viewpoints from each end of the spectrum, especially in regards to the Dodd-Frank Act, which has its pros and cons. The Act’s controversial nature is, in one sense, why so many are either for or against a review. The pros and cons of this complex law depend on your point of view, and what role you play in the real estate market.

The first article I recommend reviewing was published by DSNews, a leading resource for landscape-1602021_640the financing, housing and real estate industries. What I found the most helpful from their article was how they went to the source, and spoke directly with Former House Representative Barney Frank (D-Massachusetts), one of the two Representative who introduced the Act in 2009 to get his insight on what to expect with the review. I also read a helpful article published by Fortune, where the focus was on more of the nuts-and-bolts of what supporters of the review want to see accomplished, and what those against it are concerned about. Both publications spoke to experts and leaders on both sides of this regulation, offering in-depth insight as to how Dodd-Frank has changed our housing and finance industries, small and large businesses and homeowners too.

When seeking information about complex issues with high emotional value, intelligent, concise information can make a big impact in understanding how something may affect you directly. If you want to learn more about the Executive Order and what it means, I recommend both these articles as a great starting point. When you are ready to sell your property, you want a Realtor® who cares about the community as much as they care about their clients. With care, your Realtor® can make a positive difference in the home-selling process. My team and I are ready to help from start to finish. Our goal is to make your experience both easy and pleasurable. Contact us today at (925) 634-7820, or by email at

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