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» MBA Wants Rebuttable Presumption Level of QM Changed So More Can Qualify
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MBA Wants Rebuttable Presumption Level of QM Changed So More Can Qualify
January 14, 2014
Thomas Ressler
The MBA suggested the CFPB increase the "rebuttable presumption" threshold from 150 basis points above the average prime offer rate to 250 basis points so more borrowers with less-than-perfect credit can benefit.
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