CFPB finalizes rules on qualifying mortgages

Dec 11, 2020 |

The Consumer Financial Protection Bureau on Thursday issued its final rulings on qualifying mortgages, claiming the new rules will support a “smooth and orderly transition” away from the “QM Patch,“ and also expand access to credit. One of the two rules the bureau implemented finalizes a June decision to establish a pricing threshold that effectively […more]

Posted in: San Francisco

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