Congressional vote on “de facto QM Patch” postponed

Nov 15, 2019 |

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021. “We see postponement as disappointing as ensuring lenders can rely on GSE underwriting systems is key to keeping credit box from shrinking,” Cowen Washington Research Group […more]

Posted in: San Francisco

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