Subprime Makes a Comeback, Despite Dodd-Frank’s Impediments

National Mortgage News, Nov. 23, 2015–Ornstein, Stephen

In spite of impediments created by Dodd-Frank, and the unusually low interest rates that have characterized the residential loans markets in the past several years, credit demand, especially among nonprime borrowers, will swing the pendulum in favor of a more robust lending environment and will likely entail amendments to the existing Dodd-Frank regime.