New Dodd-Frank Requirement Issued for Making Home Affordable

The U.S. Treasury Department issued a new Supplemental Directive 10-11 of the Making Home Affordable (MHA) program this week.

Also known as the Dodd-Frank Certification Requirement, it provides guidance on the new borrower certification for non-GSE loans participating in the MHA program, as required under Section 1481(d) of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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