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It's no secret that certain aspects of the reform effort of Dodd Frank Act have been very injurious to the economy, especially if you're looking to buy a new home. That's about to change. New pending legislation will make it easier for small banks to extend mortgages to deserving borrowers and it will be cheaper to these banks to comply with the law. Too Big to Fail Banks will still be subject to stricter regulation. Sounds like a winner.