GAO Finds that Mortgage Data Doesn’t Fit Lenders’ Rhetoric on Burdens from DFA
January 7, 2016
Warnings of doom and gloom about rules mandated by the Dodd-Frank Act from groups representing community banks and credit unions have yet to come to fruition, according to the Government Accountability Office. In a report released last week, the GAO examined the impact certain DFA-related regulations have had on community banks and credit unions. The GAO said...[Includes one data table]