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House passes Volcker Rule, mortgage points and fees bills again
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Banking, Derivatives, Dodd-Frank Basics, Financial Stability, Volcker Rule
Thursday, September 18, 2014
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The U.S. House approved two bills that include a collection of measures to amend certain Dodd-Frank provisions. A number of the legislative proposals in the bills were previously approved by the House, including a measure regarding the treatment of points and fees under the Consumer Financial Protection Bureau’s qualified mortgage rules. House Republicans said they passed the proposals again in an effort to spur Senate Democrats to take action on them. Read on for the details.
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