The Mortgage Bankers Association urged the Consumer Financial Protection Bureau to give all FHA loans a “conclusive presumption of compliance” with qualified mortgage requirements and to revise the QM annual percentage rate/average prime offer rate (APR/APOR) threshold for FHA loans at least until the agency issues its own QM rule. Failure to make the adjustments could severely restrict the availability of FHA loans to lower-income first-time homebuyers, which is the FHA’s traditional market, the trade group said. In comments on the CFPB’s final ability-to-repay rule, the MBA said...