What is the future of Sub2 financing as an exit strategy considering the new CFPB rules?

[Kevin Romines]

I have occasionally watched the new rules coming out of the Frank Dodd/CFPB regarding owner financing? It seems that they recently finalized the rules and now require a person to be licensed as a loan officer if they provide more that 1 or 3 owner financed deals in a year? Does anyone have deeper understanding of these rules changes and how it will affect an investor that sells their properties via owner financing as an exit strategy?