It’s official: QM rule compliance delayed until October 2022

Apr 27, 2021 |

The Consumer Financial Protection Bureau formally delayed the mandatory compliance date of the General Qualified Mortgage final rule – better known as the QM rule – from July 1, 2021 to October 1, 2022 on Tuesday. This follows the bureau’s notice of proposed rulemaking on the issue on March 4. “So many consumers have been hit […more]

Posted in: San Francisco

Comments are closed.