--- title: Roll Back of Dodd-Frank Passes Senate description: Potential changes to the Dodd-Frank act have cleared a significant hurdle, and are now one step closer. image: https://www.mortech.com/hubfs/2015_redesign/blog_images/2018/shutterstock_577574821.jpg --- [![Get my demo](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/25649/1c6fbee1-0d0c-4238-8485-13c8e3f73157) [![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/mortech_logo_white.png) ![mortech](https://www.mortech.com/hubfs/2015_redesign/mortech_logos/rings_logo_white.png) ](https://www.mortech.com/) # Mortech Blog # 855.298.9327 # Roll Back of Dodd-Frank Passes Senate Posted by [Lori Rezac](https://www.mortech.com/mortechblog/author/lori-rezac) on Mar 16, 2018 12:43:13 PM - [Tweet](https://twitter.com/share) ![lori_31618.jpg](https://www.mortech.com/hs-fs/hubfs/2015_redesign/blog_images/2018/lori_31618.jpg?width=360&height=144&name=lori_31618.jpg)Changes to Dodd-Frank are one step closer to being realized this week with modifications passing the Senate with a vote of 67-31. The bill, sponsored by Senate Banking Committee Chairman Mike Crapo (R-Idaho), is being presented as a way to diminish the negative impact the law has had on small banks and credit unions, according to [The Hill](http://thehill.com/policy/finance/378491-senate-passes-bipartisan-bill-to-rollback-dodd-frank). Those in opposition of the changes such as Sen. Sherrod Brown (Ohio) believe the bill favors "special interests and Wall Street."   The most talked about changes to Dodd-Frank would include a higher threshold for banks subject to a Federal Reserve stress test and higher capital requirements. The threshold would be increased from $50 billion to $250 billion, freeing many large regional banks from tighter regulation.   Additional changes detailed in [S. 2155](https://www.congress.gov/bill/115th-congress/senate-bill/2155/text) include a HMDA exemption for banks that originate fewer than 500 mortgages, looser and clearer TRID rules, and appraisal waivers for rural properties valued under $400,000. In addition, portfolio lenders with total assets up to $10 billion would enjoy an exemption from the ability to repay requirements for their portfolios.   Organizations such as the Mortgage Bankers Association (MBA) are showing their support for the passage of this bill, urging the House to act “swiftly”.  “This bill will further ensure consumer protections and adequate access to mortgage credit,” said David H Stevens, President and CEO of the MBA.   Next stop for the bill is the House where its future is still uncertain. The House originally sought to roll back more of Dodd-Frank so there is a fear additional changes will be made. If that happens, the window may close for a major legislative revision to the rule.   ![Dodd-Frank Roll Back Passes Senate.jpg](https://www.mortech.com/hubfs/2015_redesign/blog_images/2018/shutterstock_577574821.jpg "Dodd-Frank Roll Back Passes Senate.jpg") ### News & Events Get the latest Mortech product announcements, company updates, and mortgage news delivered to your inbox. ### Subscribe to email updates ### Recent Posts ### Posts by Topic - [Compliance (2)](https://www.mortech.com/mortechblog/topic/compliance) - [Mortgage Compliance (2)](https://www.mortech.com/mortechblog/topic/mortgage-compliance) - [Mortgage Technology Top 50 Service Provider (1)](https://www.mortech.com/mortechblog/topic/mortgage-technology-top-50-service-provider) - [mortgage hedging (1)](https://www.mortech.com/mortechblog/topic/mortgage-hedging) ### Demo [Products](https://www.mortech.com/solutions) [Mortgage Pricing Engine](https://www.mortech.com/mortgage-pricing-engine) [Predictive Analytics](https://www.mortech.com/customer-retention-with-mortech-protection) [Mortgage APIs](https://www.mortech.com/mortgage-apis) [Online Rate Quoting](https://www.mortech.com/online-automated-rate-quoting) [Secondary Marketing](https://www.mortech.com/secondary-marketing) [About Us](https://www.mortech.com/about-us) [Partners](https://www.mortech.com/partners) [Investors](https://www.mortech.com/investors) [Contact Us](https://www.mortech.com/about-us/contact-us) [Testimonials](https://www.mortech.com/testimonials) [News & Events](https://www.mortech.com/mortechnews) [Blog](https://www.mortech.com/mortechblog) [Conference Calendar](https://www.mortech.com/conference-calendar) Follow Us Contact Us [855.298.9327](tel:855.298.9327) [sales@mortech.com](mailto:sales@mortech.com) [support@mortech.com](mailto:support@mortech.com) [Terms of Use](https://www.zillowgroup.com/terms-of-use-privacy-policy/)    |     © 2026 Mortech, a Zillow Group business, All Rights Reserved