CFPB Issues Final QM Mortgage, Seasoned QM Rules

The Consumer Financial Protection Bureau on Thursday issued final rules related to qualified mortgage loans. The Mortgage Bankers Association provided preliminary summaries of the final rules.

CFPB Issues Notices of Rulemaking to Address GSE ‘Patch’

The Consumer Financial Protection Bureau Monday issued two Notices of Proposed Rulemaking to address the impending expiration of the Government-Sponsored Enterprises Patch, also known as the GSE Patch, which affects nearly one million mortgage loans.

CFPB Issues Notices of Rulemaking to Address GSE ‘Patch’

The Consumer Financial Protection Bureau Monday issued two Notices of Proposed Rulemaking to address the impending expiration of the Government-Sponsored Enterprises Patch, also known as the GSE Patch, which affects nearly one million mortgage loans.

MBA Statement on CFPB Letter to Congress on QM Standard

On Jan. 17, Consumer Financial Protection Bureau Director Kathy Kraninger sent a letter to members of Congress, signaling proposed changes to the current Qualified Mortgage standard.

MBA Statement on CFPB Letter to Congress on QM Standard

On Jan. 17, Consumer Financial Protection Bureau Director Kathy Kraninger sent a letter to members of Congress, signaling proposed changes to the current Qualified Mortgage standard.

MBA Letter Supports Self-Employed Mortgage Access Legislation

Ahead of an anticipated vote this week in the House Financial Services Committee, the Mortgage Bankers Association yesterday sent a letter of support for legislation that would help ensure fair access to mortgage credit for households with “non-traditional” forms of income.