Dodd Frank is the Wall Street Reform and Consumer Protection Act ‘according to Investopedia. Was it not created in the after math of the accelerated crisis in housing ?
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a massive piece of financial reform legislation passed by the Obama administration in 2010 as a response to the financial crisis of 2008. There you go …2010
Named after sponsors U.S. Senator Christopher J. Dodd and U.S. Representative Barney Frank, the act’s numerous provisions, spelled out over roughly 2,300 pages, are being implemented over a period of several years and are intended to decrease various risks in the U.S. financial system. The act established a number of new government agencies tasked with overseeing various components of the act and by extension various aspects of the banking system.
So take a look at this alleged code auditors found in a file that went to sale to trustee back in 2013.
Below are a list of what appear to be random numbers and dates . But on second look they are not so random. the date the 1099 A was issued and coded tax year the Date of the trustee sale and a few more dates we picked up such as the date shared on the security instrument deed of trust or mortage
The controversy is where direct investment under Dodd Frank sheepishly addresses an abnormally massive entry point for member banks and perpetrating securities fraud. Its a nonreciprocating advantage by more experienced and seasoned counter parties under the roost of a fictitious foreclosure. The recovery is lost to the cancelled note and to the security deed used to transfer title at origination.
These embedded codes are the notorious Y2 K Bug that now seemingly the saving grace and essential enhancement for executing short sale and straddler using controlled timing devises and preset price levels . . .and even the court docket. It would appear unethical and unlawful to remedy a divestment election using consumer ignorance along with discovered timing tricks, back dating and future dating used for shorting households as stock and repricing securities substituted for title .
This in turn raise more concern with why President Donald Trump has pledged to repeal Dodd-Frank, and on May 4th, 2017, the House Financial Services Committee voted to send the Financial CHOICE Act, which would roll back significant pieces of Dodd-Frank, to the house floor.
You might want to step on it if your thinking about your right to file claims.
Read more: Dodd-Frank Financial Regulatory Reform Bill http://www.investopedia.com/terms/d/dodd-frank-financial-regulatory-reform-bill.asp#ixzz4hDGRbSsz
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