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The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress in 2010 as part of comprehensive reform of financial regulation. Dodd Frank overlaps the federal S.A.F.E. Act (implemented in Texas in 2009). The intent of the S.A.F.E. Act is to achieve better consumer protection by regulating certain lending practices that were significantly …

The Dodd-Frank Act does not exempt property owners who wish to use owner financing (installment sale) even though no money is lent, there is no table funding, and under the Truth and Lending Act they are not considered creditors. The Dodd-Frank Act (ACT) does exempt property owners who offer seller financing from having to become …