By: Seth Hooper, "The Regulatory Outlook: What's Ahead," for Today's Lending Insight
As of early 2017, the mortgage industry has already been affected by the 2016 election and regulatory outlook is shifting. We’ve seen many changes come fast, and there will be more on the way. A few shifts have already taken place including: rising interest rates, the rollback of a late-Obama administration move to lower FHA MIP rates, an executive order directing the Treasury secretary to review rolling back the Dodd-Frank Act, and an executive order instructing agencies to eliminate two regulations for every new regulation proposed.