Senators Urge CFPB to ‘Reconsider’ QM Delay

HousingWire, May 12, 2021–Georgia Kromrei
Compliance attorneys and mortgage industry lobbyists aren’t the only ones wishing the Consumer Financial Protection Bureau would proceed with the General Qualified Mortgage Final Rule as it had initially planned. Sens. Mark Warner (D-VA) and Tim Scott (R-SC) fired off a letter to CFPB Acting Director Dave Uejio, urging the agency to “reconsider” the move.
https://www.housingwire.com/articles/senators-urge-cfpb-to-reconsider-qm-delay/