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22 INSPECTIONS DEBRIS REMOVAL | EVICTIONS HUD CONVEYANCE PREP | ROOF REPAIR | INITIAL SECURES LOCK CHANGES | WINDOW BOARDING/REPLACING LAWN MAINTENANCE | EXTERMINATION | UTILITIES WINTERIZATIONS | SNOW REMOVAL | POOL SECURING REPAIRS AND REHAB | DEMOLITIONS | QUALITY ASSURANCE INSPECTIONS APPRAISALS | PROPERTY REGISTRATIONS WOLVERINE REAL ESTATE SERVICES, INC. We'll put you on the road to better fi eld services in 2014 WWW.FIELDINSPECTION.COM (800) 875-7170 THE LEADER IN DEFAULT SERVICING NEWS Help shape the next issue of DS News. Drop us a line at Editor@DSNews.com. REPUBLICANS RELEASE REPORT ON THE ANNIVERSARY OF DODD-FRANK Republicans in the House of Representa- tives marked the four-year anniversary of the controversial Dodd-Frank financial reform act with a 100-page report highlighting its perceived failures. Chief among those failures is the fact that the law did not accomplish its purported goal of ending the prospect that banks are "too big to fail." "In no way, shape or form does the Dodd- Frank Act end 'too big to fail,'" House Financial Services Chairman Jeb Hensarling (R-Texas) said in a written statement. e GOP report criticizes the law for, among others things, giving consumers a false sense of security to invest in non-bank servicers by designating them as "systemati- cally important," creating the illusion that the government would bail them out if the need arose because they too are too big to fail. Non bank servicers have come under in- creased scrutiny from the federal government in recent weeks. Supporters of the law contend that it has worked. Among the accomplishments, sup- porters say that it made the environment saf- er by forcing big banks to carry larger capital levels and giving regulators the authority to seize and liquidate a failing financial firm if doing so would be in the best interest of the greater economy. Representative Maxine Waters (D-Cali- fornia), the top Democrat on the House Fi- nancial Services Committee, said in a written statement that Dodd-Frank "has provided much-needed oversight to Wall Street, given regulators the tools to end the era of 'too big to fail' entities and taxpayer bailouts, and put a new federal agency on the front lines of protecting consumers from bad actors in the financial system." Republicans contend that these reforms have done more harm than good and left both consumers and banks in the dark as they contend with mountains of untested new regulations. Survey respondents who felt their personal finances will improve in the next 12 months. Source: Fannie Mae STAT INSIGHT 40%