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Dodd-Frank Law Implements New Rules and Penalties for Seller Financing

Earlier this year, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) implemented new rules and penalties relating to seller-financed real estate sales transactions as well as other private loans made on residential properties. These rules are part of Dodd-Frank’s general mission to “promote financial stability” and “protect consumers” in the United States.

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Posted in Real Estate Law
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