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Tearing Up CFPB’s Mortgage Underwriting Rule is the Easy Part

February 4, 2020

American Banker, Feb. 2, 2020–Kate Berry (subscription)
Now that the Consumer Financial Protection Bureau has vowed to remove an unpopular measure of loan affordability in its mortgage underwriting rule, the million-dollar question is: What alternative standard should replace it? (MBA mention)
https://www.americanbanker.com/news/tearing-up-cfpbs-mortgage-underwriting-rule-is-the-easy-part?brief=00000158-07c7-d3f4-a9f9-37df9bc10000

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