5 Changes Lenders Want from CFPB’s Rewrite of QM Rule
American Banker, Sept. 24, 2019–Hannah Lang (subscription)
The effects of that rule, which requires lenders to verify borrowers’ ability to repay and provides legal protection for “qualified mortgages” with low debt-to-income ratios, so far has been limited, because of the GSE “patch.” (MBA mention)
