Big Changes Coming to the Consumer Financial Protection Bureau's Sway in the Mortgage Industry as Trump Moves into the White House.

Although it's still too early to say with certainty what Trump has in mind for the housing industry, the possibility of significant regulatory change looms – especially over issues Republican policymakers have long been fighting, including banking and financial services oversight by the CFPB. The new administration is unlikely to oppose GOP plans to correct some of the perceived deficiencies in the Dodd-Frank Act, according to a statement made by Joseph Lynyak III, a partner of Dorsey & Whitney LLP, an international law firm and specialist in the inner workings of the CFPB.