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» CFPBs Cordray Assures Lenders: 95% of Mortgages Will Have QM Status
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CFPBs Cordray Assures Lenders: 95% of Mortgages Will Have QM Status
October 29, 2013
Thomas Ressler
CFPB chief Richard Cordray believes "the QM space has been drawn quite broadly" and estimates that more than 95 percent of the loans made in the current market will be deemed qualified mortgages.
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