Statement from NAHB Chairman Granger MacDonald on President Trump’s Executive Order to Reform Dodd-Frank Act

WASHINGTON, D.C. – (RealEstateRama) — Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding President Donald Trump’s executive order to revise regulations in the Dodd-Frank Act:

NAHB commends President Trump on his announcement to reform regulations in the Dodd-Frank Act that have hampered our nation’s housing recovery and slowed economic growth. We support common-sense regulations to protect American consumers and preserve our nation’s banking system. However, the tight lending conditions created by Dodd-Frank are preventing too many home builders from receiving loans and restricting mortgage financing to credit-worthy borrowers.

Regulatory relief for mortgage lenders and small and mid-sized banks that serve their communities is critical for the nation’s housing recovery. NAHB has been calling for reduced regulatory burden on real estate lending since Dodd-Frank’s passage in 2010.

We look forward to learning more about the Trump administration’s plans for changes to the Dodd-Frank Act. NAHB stands ready to work with policymakers and regulators to implement common sense regulations that protect American consumers and encourage economic growth.

Elizabeth Thompson


NAHB (National Association of Home Builders) is a trade association that helps promote the policies that make housing a national priority. Since 1942, NAHB has been serving its members, the housing industry, and the public at large.


Ann Marie Moriarty

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