Confusion over CFPB Underwriting Rule Persists

American Banker, May 7, 2021–Kate Berry, Hannah Lang (subscription)
Fannie and Freddie’s regulator says the companies must comply with the new Qualified Mortgage standard by the summer, while the Consumer Financial Protection Bureau has extended the deadline to 2022. The conflicting timetables have stoked uncertainty in the market.
https://www.americanbanker.com/news/confusion-over-cfpb-underwriting-rule-persists