The rule from Dodd-Frank with the largest ramifications for mortgage banking was reopened for comment late last week, and industry players are pleased that the Consumer Financial Protection Bureau is trying to get the definition of “qualified mortgage” right. “The reason things have slowed down is that the bureau learned more and realized what the impact of this rule is,” said Bob Davis, executive vice president at the American Bankers Association. “They have responded prudently and wisely by reopening the comments.” The qualified mortgage definition will outline a set of standards for what will become the new...