cfpb qm rules: CFPB Is Evaluating The Impact Of Their Qualified Mortgage (QM) Rules
- 05/16/14 12:43 AM
CFPB Is Evaluating The Impact Of Their Qualified Mortgage (QM) Rules. In a blog I wrote on December 26, 2013 titled Overview Of The CFPB QM Rules Going Into Efect On January 10, 2014 I stated: The Qualified Mortgage (QM) Rules were crafted by the Consumer Financial Protection Bureau (CFPB) with the intent to protect both Consumers and Lenders, but the proof of this will come once the QM Rules are in place, and their impact felt. Well the CFPB QM Rules have only been in place since January and issues are already popping up, especially with the "Ability To Pay" component of the … (18 comments)
cfpb qm rules: Overview Of The CFPB QM Rules Going Into Efect On January 10, 2014
- 12/28/13 05:15 PM
The long awaited Consumer Financial Protection Bureau (CFPB) Qualified Mortgage (QM) Rules are almost here, they will go into effect on January 10, 2014. So I thought it would be a good idea to put together a simple and condensed outline of what the more than 1,000 pages contain. The Qualified Mortgage (QM) Rules were crafted by the Consumer Financial Protection Bureau (CFPB) with the intent to protect both Consumers and Lenders, but the proof of this will come once the QM Rules are in place, and their impact felt. However, much of what is listed below in my Overview Of The … (22 comments)
CFPB Is Evaluating The Impact Of Their Qualified Mortgage (QM) Rules. In a blog I wrote on December 26, 2013 titled Overview Of The CFPB QM Rules Going Into Efect On January 10, 2014 I stated:
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