Title: DODD-FRANK AND ITS IMPACTS ON MORTGAGE LENDING
Authors: Sali Bakare
|| ||
Sali Bakare
University of the People, Business Administration Division
MLA 8 Bakare, Sali. "DODD-FRANK AND ITS IMPACTS ON MORTGAGE LENDING." Int. j. of Social Science and Economic Research, vol. 3, no. 12, Dec. 2018, pp. 6979-6988, ijsser.org/more2018.php?id=492. Accessed Dec. 2018.
APA Bakare, S. (2018, December). DODD-FRANK AND ITS IMPACTS ON MORTGAGE LENDING. Int. j. of Social Science and Economic Research, 3(12), 6979-6988. Retrieved from ijsser.org/more2018.php?id=492
Chicago Bakare, Sali. "DODD-FRANK AND ITS IMPACTS ON MORTGAGE LENDING." Int. j. of Social Science and Economic Research 3, no. 12 (December 2018), 6979-6988. Accessed December, 2018. ijsser.org/more2018.php?id=492.
References [1]. Bailey MN, Klein AD, Schardin J. The Impact of the Dodd-Frank Act on financial
stability and economic growth. The Russell Sage Foundation Journal of the Social
Sciences. 2017; 3(1), 20-47.
[2]. Bettencourt BD. The Dodd-Frank Act and its impact on agricultural lending. 2014;
Retrieved from https://repository.asu.edu
[3]. Financial Crisis Inquiry Commission 2011, Retrieved from
https://fcic.law.stanford.edu/report
[4]. Gilmartin B. Dodd-Frank and its impact on big banks' revenue. 2016; Retrieved from
https://seekingalpha.com
[5]. Jacobius A, Appell D, Bradford H, Barry B, Diamond B, Diamond R. Assessing the
impact of Dodd-Frank 5 years later. 2015; Retrieved from
www.pionline.com/article/20150727
[6]. Lux M, Greene R. Dodd-Frank is hurting community banks. 2016; Retrieved from
https://www.nytimes.com/
[7]. Michel N, Furth S. The Macroeconomic impact of Dodd Frank. 2017; Retrieved from
https://www.heritage.org
[8]. The impact of Dodd-Frank's home mortgage reforms: Consumer and market
perspectives. 2013; Retrieved from https://www.gpo.gov/fdsys/pkg/CHRG112hhrg76115/html
[9]. Tracy R. Banks Failing Stress Tests? Not for Much Longer. 2018, June 26; Retrieved
from https://www.wsj.com/articles/banks-failing-stress-tests-not-for-much-longer1530005400?mod=searchresults&page=1&pos=2
Abstract: The financial crisis of 2008 was caused partly by reckless lending practices. Lenders strayed
from traditional underwriting standards in order to meet mortgages demand from consumers with
sub-prime credit because Wall Street firms were paying high fees and premiums on no income
documentation loans. The damage that resulted from these reckless underwriting practices in the
mortgage industry has been a catastrophe on the US economy. If the housing market is made
productive again, the US economy will come back to normal. This spurs the Obama
administration to implement Dodd-Frank Act in 2010.
The International Journal of Social Science and Economic Research Inviting Papers/Articles for Upcoming Issue Volume 9 No. 11 November 2024.
Submit your Paper through Online Submission System. Authors also can Send Paper to
submit@ijsser.org If you need any help contact us +91-9753980183