Financial Reform Impacts Real Estate Buyers and Sellers

The Dodd-Frank Wall Street Reform and Consumer Protection Act dramatically changes the landscape for financial institutions, lenders and the mortgage industry. Central Properties has invited Scott Barr, Assistant Vice President at Bank of America Home Loans, to cover how the legislation is impacting real estate buyers and sellers.

It is important that agents are aware of the ways Dodd-Frank may affect their clients’ ability to secure financing. Central Properties is pleased to provide a forum for industry experts and leaders to keep our agents informed and engaged about changes in the real estate industry.

Stay tuned for more updates about how Dodd-Frank may affect the real estate market in the Washington area. Special thanks to Scott Barr for presenting on Wednesday, February 6th 2013.

Scott Barr, Assistant Vice President at Bank of America Home Loans, is a Home Loan Manager who’s helped many people in the Washington area find the loan that fits their unique needs. With over 27 years of experience in the mortgage industry, Barr has assisted first time homebuyers, high net worth borrowers, low-to-moderate income borrowers, self-employed borrowers and investment borrowers and others from loan application to closing.