what is happening with the tila and dodd-frank regulations?
Consumer Protection Act of 2010 (âDodd-Frankâ). The CFPB regulations set out in greater detail Dodd-. Frankâs amendments to the Truth In Lending Act (âTILAâ), which require creditors to assess a consumerâs. ability to repay before making a residential mortgage loan, and define âqualified mortgagesâ that. presumptively comply with the ability-to-repay requirements.