5 Processing & Closing Now that you've found a home, it's time for your loan officer to order an appraisal for the property. The VA requires homes to be move-in ready and any problems with the property generally have to be corrected by the seller before a loan closes.
The full name of the bill is the Dodd-Frank Wall Street Reform and Consumer Protection Act, but it is better known and most often referred to as Dodd-Frank. In simple terms, Dodd-Frank is a law that places major regulations on the financial industry. It grew out of the Great Recession with the intention of preventing another collapse of a major financial institution like Lehman Brothers.
Remarks by Treasury Secretary Jacob J. Lew on the Fifth Anniversary of the Dodd-Frank Act. Treasury Secretary Jacob J. Lew delivered remarks about the impact of the Dodd-Frank Act on the U.S. economy since itsâ implementation five years ago today.Senator Chris Dodd and Congressman Barney Frank also attended the Better Markets Event to celebrate the anniversary.Read More.Read more of this article.reasury Secretary Jacob J. Lew delivered remarks about the impact of the Dodd-Frank Act on the U.S. economy since itsâ implementation five years ago today. Senator Chris Dodd and Congressman Barney Frank also attended the Better Markets Event to celebrate the anniversary. Read More. Read more of this article.