The Dodd-Frank Wall Street Reform and Consumer Protection Act requires mortgage lenders to make a reasonable and good-faith determination that a borrower has the ability to repay the loan.

Question

Quizplus · Accepted Answer

This is true, according to the Dodd-Frank Wall Street Reform and Consumer Protection Act, mortgage lenders are required to make a reasonable and good-faith determination that a borrower has the ability to repay the loan.

The Dodd-Frank Wall Street Reform and Consumer Protection Act Requires